Regeneration and the recession [electronic resource] unlocking the money
Regeneration and the recession unlocking the money [electronic resource]
- [London] APUDG 2009
Executive summary -- Introduction -- The impact of the recession on property development and regeneration in the UK -- Are existing regeneration models still viable? -- New financing tools -- Conclusions and recommendations -- Annex
Stresses the need for cities to have additional financial options to help boost regeneration. Suggests that accelerated development zones (ADZ), a UK variant on tax increment financing (TIF) would be an essential step in reaching this goal. Recommends: the piloting of ADZ in the pre-budget report by the Government; a nationally established scheme of TIF/ADZ from 2011; cities to be more willing to work with the private sector; the establishment of a specialist regeneration funding team to provide support to local authorities in implementing funding models.
Advanced
United Kingdom--
307.34160942 $2 22
Executive summary -- Introduction -- The impact of the recession on property development and regeneration in the UK -- Are existing regeneration models still viable? -- New financing tools -- Conclusions and recommendations -- Annex
Stresses the need for cities to have additional financial options to help boost regeneration. Suggests that accelerated development zones (ADZ), a UK variant on tax increment financing (TIF) would be an essential step in reaching this goal. Recommends: the piloting of ADZ in the pre-budget report by the Government; a nationally established scheme of TIF/ADZ from 2011; cities to be more willing to work with the private sector; the establishment of a specialist regeneration funding team to provide support to local authorities in implementing funding models.
Advanced
United Kingdom--
307.34160942 $2 22