Value Capture Strategies: Developer Impact Fees -The PrimerWednesday, August 4, 2021 1:00:00 PM EDT – 3:00:00 PM EDT
REGISTER HERE https://connectdotcqpub1.connectsolutions.com/content/connect/c1/7/en/events/event/shared/1112389207/event_landing.html?connect-session=breezbreezy3f48xtv2khrkri9&sco-id=1303221477&_charset_=utf-8
Value Capture Strategy: Developer Impact Fees (DIF) also known as a Street Impact Fees, Transportation Impact Fees, or System Development Charges, is one-time fee assessed by local government to developers to share of the new or expanded infrastructure costs to the community that will directly address the increased demand for services created by that development. Costs often covered include roads, utilities and public facilities. The goal is to have each new development share of the costs of off-site capital facilities needed to serve the new development—to help growth pay for itself and reduce the financial burden on the existing community. FHWA has recently developed a Developer Impact Fees – The Primer designed to provide information to transportation agencies that have DIF or are considering the use of DIF. The primer provides a practical information on what DIF is, how it works, where it used and case studies.
State and local (city, county, township, & tribe) transportation professionals are invited to a Value Capture Strategies: Developer Impact Fees-The Primer webinar on August 4, 2021, from 1:00 PM to 3:00 PM ET. The program will feature experts from leading state and local authorities sharing their Developer Impact Fees program including the processes, requirements, accounting & administration, and much more. Participants have an opportunity interact with peer experts to gain an in-depth understanding the benefits and applicability of Developer Impact Fees. There is no cost to participate but the space is limited. You must register to reserve your connection/space.

Targeted Audience

The webinar series is intended for professionals from States, cities, counties, Tribes, and metropolitan and rural transportation agencies looking for innovative funding and financial strategies to pay for transportation projects. This would include professionals involved with directing and managing aspects of highway-related programs and projects, such as planning, environment, project development, design, construction, operations, maintenance, and finance.

Additional Information

Since 2019, at least 33 cities have implemented Value Capture techniques to fund new street infrastructure capital, maintenance, and preservation projects that can accommodate growth, support successful economic development/redevelopment, and create jobs and economic growth.

For additional information, please contact:

* Thay Bishop, FHWA Center Innovative Finance Support, 404-562-3695, thay.bishop@dot.gov mailto:thay.bishop@dot.gov
* Stefan Natzke, FHWA National Systems and Economic Development, 202-366-5010, Stefan.Natzke@dot.gov mailto:Stefan.Natzke@dot.gov

Resources: Available Now

* Consult the Value Capture Implementation Manual for information applicable to all Value Capture strategies of roadway projects.
* See the FHWA’s Value Capture website for case studies, best practices, lessons learned, FAQs, and resources.
* Watch a short video https://www.fhwa.dot.gov/ipd/value_capture/capacity_building/hot_topics_spotlights.aspx on how Value Capture optimizes agency resources.