Government Measures to Mitigate Covid-19 Risk
Efforts to Accelerate Infrastructure Provision
Land Value Capture (LVC) Scheme
❝ A policy approach that enables communities to recover and reinvest economic value increases and
increases in economic productivity that result from public investment and other government actions.
(Lincoln Institute of Land Policy)
.
Open Housing &
Settlement
Human
Settlement
Improvement
品
Keep Investing-
network Grows
LVC Benefit
alue Uplift
Retain a Portion
•
Local revenue from tax and levy
Better city planning and development
•
Regional growth
Distributed development in urban area
Source: Committee for Acceleration of Priority Infrastructure Delivery (KPPIP)
Tax based LVC
Land and Property Tax
Betterment Levies and
Special Assessment
Tax Increment Financing
(TIF)
Development Based
LVC
Land Sale and Rent
Air Right Sale
Joint Development
Land Readjustment
Better
Triple Win LVC
Reducing
Urban
Creating
Fiscal
Subsidy
Mobility
Space
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