What’s the Value of “Value Capture”?

What’s the Value of “Value Capture”?

A new essay by UCLA’s Michael Manville delivers a strong critique of the method many cities use to extract fees and concessions in exchange for allowing new homes to be built. Known as “value capture,” these fees are sold as a means to make new development “pay its...
The HomeWork: September 14, 2021

The HomeWork: September 14, 2021

Welcome to the September 14, 2021 Main edition of The HomeWork, the official newsletter of California YIMBY — legislative updates, news clips, housing research and analysis, and the latest writings from the California YIMBY team.     Friday, September...