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Sharing Land Values to Build Better Places
In this month’s HSP knowledge piece, we explore the concept of land value capture. To meet the growing urban, social, and environmental challenges of the 21st century – of which affordable housing is arguably one of the most defining - it is imperative that local authorities find new or additional sources of funding. Land value capture is a policy approach that enables communities to recover (part of) the financial betterment that results from public investment or government