Lincoln Institute Joins UN-HABITAT’s World Urban Campaign
The Lincoln Institute of Land Policy has joined the World Urban Campaign, the advocacy and partnership platform for cities in the twenty first century, as an associate partner. The engagement on such topics as value capture, informal settlement, municipal fiscal health, urban infrastructure, and affordable housing comes as part of the run-up to United Nations Conference on Housing and Sustainable Urban Development (Habitat III), to be held in Quito, Ecuador in 2016.
Tracking how much tax breaks fail cities
Tax breaks, widely used by local governments to attract new business investment, reduce property taxes by millions of dollars, but there is often very little—if any—public disclosure of the terms of these incentive packages. That could soon change in a major way, if a proposal by the Governmental Accounting Standards Board is adopted. GASB’s proposed guidelines would require state and local governments to disclose information on the number of tax abatement agreements they have in place and the total dollar amount of taxes abated in the current year -- a transparency recommended in the Lincoln Institute report Rethinking Property Tax Incentives for Business.
Former transportation secretary Ray LaHood joins Lincoln Institute board
Former US Transportation Secretary Ray LaHood, a leading advocate for infrastructure investment as co-chair of Building America's Future, and Mimi Brown, until last year the Commissioner of Rating and Valuation for the Government of Hong Kong, have joined the Board of Directors for the Lincoln Institute of Land Policy. “We welcome Ray LaHood and applaud his leadership in transportation and infrastructure, which are critical components of our work in global urbanization, sustainable cities, and land policy,” said Kathryn J. Lincoln, chair of the board and chief investment officer for the Lincoln Institute.
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