Lincoln Institute: Implementing Value Capture in Latin America: Policies and Tools for Urban Development

Based on more than 15 years of education and research programs sponsored by the Lincoln Institute of Land Policy, this report provides a comprehensive review of the principles of value capture and its antecedents in Latin America and elsewhere around the world. It describes the primary tools and instruments used by jurisdictions to mobilize land value increments (unearned income or plusvalías) for the benefit of the community at large. It concludes with an assessment of key lessons to be learned from the many examples and case studies presented throughout the discussion, and offers specific recommendations to help public officials, landowners, and residents better understand how they could apply value capture in their own communities.

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