Tax Increment Financing framework for integrated transit and urban renewal projects in car dependent cities

Tax Increment Financing (TIF) has long been seen in the USA as a tool for urban regeneration but the use of TIF for funding transit projects is less common. A four-step Transit Tax Increment Financing (TTIF) framework is proposed as a means of funding the investment inintegrated land use and transit...

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Main Authors: McIntosh, James, Trubka, Roman, Newman, Peter
Format: Journal Article
Published: Routledge 2014
Online Access:http://hdl.handle.net/20.500.11937/47250
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author McIntosh, James
Trubka, Roman
Newman, Peter
author_facet McIntosh, James
Trubka, Roman
Newman, Peter
author_sort McIntosh, James
building Curtin Institutional Repository
collection Online Access
description Tax Increment Financing (TIF) has long been seen in the USA as a tool for urban regeneration but the use of TIF for funding transit projects is less common. A four-step Transit Tax Increment Financing (TTIF) framework is proposed as a means of funding the investment inintegrated land use and transit projects in low-density car-dependent cities. The TTIF framework is illustrated through a case study of a retrospective application to the Mandurah rail line in Perth, Western Australia, and demonstrates that much more funding can be generated using this mechanism than has been considered by transit project planners before. It also has the benefits of enabling private sector involvement in transit projects and ensures Transit Oriented Developments (TODs) are built and not just planned.
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spelling curtin-20.500.11937-472502017-09-13T16:05:51Z Tax Increment Financing framework for integrated transit and urban renewal projects in car dependent cities McIntosh, James Trubka, Roman Newman, Peter Tax Increment Financing (TIF) has long been seen in the USA as a tool for urban regeneration but the use of TIF for funding transit projects is less common. A four-step Transit Tax Increment Financing (TTIF) framework is proposed as a means of funding the investment inintegrated land use and transit projects in low-density car-dependent cities. The TTIF framework is illustrated through a case study of a retrospective application to the Mandurah rail line in Perth, Western Australia, and demonstrates that much more funding can be generated using this mechanism than has been considered by transit project planners before. It also has the benefits of enabling private sector involvement in transit projects and ensures Transit Oriented Developments (TODs) are built and not just planned. 2014 Journal Article http://hdl.handle.net/20.500.11937/47250 10.1080/08111146.2014.968246 Routledge restricted
spellingShingle McIntosh, James
Trubka, Roman
Newman, Peter
Tax Increment Financing framework for integrated transit and urban renewal projects in car dependent cities
title Tax Increment Financing framework for integrated transit and urban renewal projects in car dependent cities
title_full Tax Increment Financing framework for integrated transit and urban renewal projects in car dependent cities
title_fullStr Tax Increment Financing framework for integrated transit and urban renewal projects in car dependent cities
title_full_unstemmed Tax Increment Financing framework for integrated transit and urban renewal projects in car dependent cities
title_short Tax Increment Financing framework for integrated transit and urban renewal projects in car dependent cities
title_sort tax increment financing framework for integrated transit and urban renewal projects in car dependent cities
url http://hdl.handle.net/20.500.11937/47250