Description: As challenges mount from rapid urbanization, deteriorating infrastructure, and climate change, land value capture has never been more important to the future of municipalities.
Review Quotes: "Disruptions associated with real estate development often bring political strife, and Gerald Korngold has produced an analysis of land value capture that will be highly valuable to every municipality. Though it has played a role in helping governments fund projects and address public needs for more than a century, land value capture is increasingly essential for a municipality to effectively address public concerns about mobility, resiliency, affordable housing, and equity. This narrative will prompt policy makers and stakeholders to think anew about how to harness real estate development to deliver important social goods."--Brian Golden, Former Director, Boston Planning & Development Agency