000			01809nab a2200241 4500
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008			201211b ||||| |||| 00| 0 eng d
100			_aSalon, Deborah _934182
245			_aCan Location Value Capture Pay for Transit? Organizational Challenges of Transforming Theory into Practice
260			_bSage _c2019
300			_aVol 55, Issue 3, 2019 : (743-771 p.)
520			_aSuccessful public transit systems increase the value of locations they serve. Capturing this location value to help fund transit is often sensible, but challenging. This article defines location value capture and synthesizes lessons learned from six European and North American transit agencies that have experience with location value capture funding. The opportunities for and barriers to implementing location value capture fall into three categories: agency institutional authority, agency organizational mission, and public support for transit. When any of these factors is incompatible with a location value capture strategy, implementation becomes difficult. In four of the cases studied, dramatic institutional change was critical for success. In five cases, acute crisis was a catalyst for institutional change, value capture implementation, or both. Using value capture strategies to fund transit requires practitioners to both understand agency organizational constraints and view transit agencies as institutions that can transform in
650			_2institutions
650			_2policy adoption
651			_2public finance
700			_aSclar, Elliott _930875
700			_aBarone, Richard _934270
773	0		_010947 _915473 _dSage, 2019. _tUrban affairs review
856			_uhttps://doi.org/10.1177/1078087417715523
942			_2ddc _cART