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14-11: Leveraging Land: Land-Based Finance
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Leveraging Land: Land-based Finance for Local Governments
1Brigham Young University, United States of America; 2UN-Habitat
UN-Habitat and the Global Land Tool Network (GLTN) have released a new (2016) training package for land-based local government financing tools. This masterclass will introduce the package’s content and training methods. The package combines three powerful elements: (1) a discussion of the seven most common tools and a summary of the most recent literature on each, presented in a reader; (2) 21 case studies illustrating both strengths and weaknesses in the application of the tools, and (3) an interactive joint learning environment that can be adapted to the needs of participants and promotes learning through the development of individualized action plans. The seven tools covered are the annual tax on land and property, including the site value tax; betterment charges and special assessments; developer exactions and impact fees; land value capture taxes; the sale of development rights; the sale and leasing of public lands; and transfer taxes and stamp duties. The masterclass will focus on the package content, structure and training strategies. Participants will be asked to assess the relevance of, and potential for the training in their own context.