Arthur C. Nelson
eBook, ePUB

TDR Handbook (eBook, ePUB)

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"e;Transfer of DevelopmRights"e; (TDR) programs allow local governments to put economic principles to work in encouraging good land use planning. TDR programs moften permit landowners to forfeit developmrights in areas targeted for preservation and then sell those developmrights to buyers who want to increase the density of developmin areas designated as growth areas by local authorities. Although TDR programs must conform to zoning laws, they provide market incentives that make them more equitable (and often more lucrative) for sellers and frequently benefit buyers by allowing them to...

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