You are invited to the Value Capture Special Assessment Strategies Virtual Peer Exchanges on July 23rd, 2020 at 1:00PM-3:00PM ET to learn from peer experts how Value Capture Special Assessment techniques can help your community address decaying infrastructure and enhance safety to all mobilities. There is no cost to participate but space is limited. You must register to reserve your connection/space. Click here to register for the event!
Do you need funding for your state, city, county, township, and tribe? Do you know which revenue tools are available to fund improved services and capital expenditures in your community? Do you need infrastructure to accommodate your communities’ anticipated growth? Do you need assistance in implementing Value Capture Special Assessment Strategies? Come to the Value Capture Virtual Peer Exchanges on July 23rd, 2020 at 1:00PM-3:00PM ET to learn from peer experts on opportunities and challenges of implementing Value Capture Special Assessment techniques.
As the Federal funding for surface transportation has declined or is diminished, our infrastructure assets have reached the end of their useful lives. Adding to complexity is the state and local pressure to fund emerging needs such as “Smart City” initiatives to leverage new technologies and the complete street initiative to ensure safety to all mobility modes (walk, bike, scooter, street car, automobile, etc.). The need for transportation improvements has far outpaced the available funding sources. Think about the Value Capture Special Assessment Technique!! Special Assessments can serve as gap funding for public road improvement projects. The technique can also be used to leverage federal and state grants, attract private capital, provide access to federal low interest rate loans, and can seed funding to get the project off the ground.
One of the powerful Value Capture techniques is a special assessment district and every state offers at least one type of Special Assessment funding & financing to its communities. It is a proven, effective technique for funding improvements that directly benefits property owners and enhances property values in the special assessment district.
TARGET AUDIENCE: Metropolitan and Rural Planning/Programming Organization, States, Cities, Counties, Townships, and Tribal Transportation Professionals. Anyone involved in development or administration of the Value Capture Program Elements.
Target Audience & Presenters:
OST,FHWA Executive Leadership Team,State DOT,Field Office,HQ,City, County, Township, Tribe, & MPO