Implementing Value Capture in Latin America

This report provides a review of land value capture’s antecedents in Latin America and its longstanding presence in the urban planning agenda. It also examines a variety of land value capture instruments including: property taxation and betterment contributions; exactions and charges for building rights; and large-scale approaches such as the development of public land through privatization or acquisition.

About the Author

Martim O. Smolka is senior fellow and director of the Program on Latin America and the Caribbean at the Lincoln Institute of Land Policy.