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There appears to have been a significant increase recently in the number of organisations advocating the use of Land Value Capture (LVC) to fund infrastructure projects, particularly transit schemes.
For example, the Lincoln Institute of Land Policy has launched a global campaign to promote the adoption of LVC, which it describes as a policy approach by which communities recover and reinvest the land value generated by public investment and other government action. The Institute states that, whether through a public works project or a re-zoning to allow new development, government actions can cause the value of land to increase dramatically, and land value capture ensures that the public reaps the benefits. As communities grapple with deteriorating infrastructure, rapid growth, fiscal stress, and other challenges, land value capture can help pay for public goods such as infrastructure, affordable housing, and economic development.