TOD Stages

FINANCE

The ‘Finance’ stage presented is applicable to large-scale, mixed-use, urban transformative projects near transit stations and corridors that are typically financed by partnerships between public and private sectors. TOD projects are generally associated with complex site acquisition and land assemblage processes, as well as high capital investments towards generous public infrastructure investments (including higher percentage of open spaces, multi-modal facilities, affordable housing). From a public sector perspective, these high investment costs require innovation in combining diverse municipal financing tools with strategic private sector partnerships to include market-driven revenue generating components that often deviate from traditional single-use development projects. This section provides tools available through traditional municipal financing systems and the fundamentals of real estate project structuring, including cost estimation for capital investments. These financial tools are supported by enabling regulatory tools, guidelines and development incentives to forge partnerships for successful financial closure of TOD transformative projects. The Finance tools outline the processes for assessment of cost variables for transit infrastructure, cross-subsidization potential from revenue generating real estate developments, land value capture mechanisms and best practices, strategic private partnership advisory and financing tools. To get started, select one of the above FINANCE tools or explore all of the TOD Knowledge Products through the button below:
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Analytical

HOW-TO GUIDES

Resources

  • FI-R01 Development Incentives ( Ref. Doc. )
  • FI-R02 Land Value Capture Mechanism Best Practices ( Ref. Doc. )
  • FI-R03 Municipal Finance Tools ( Ref. Doc. )

To get started, select one of the above FINANCE tools or explore all of the TOD Knowledge Products through the button below:

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