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Little scholarly attention has been paid to the equity impacts of special assessment districts (SADs) established to fund public transportation projects. This article uses three recent public transportation projects funded using SADs in the United States and finds that the case study SADs’ performance is mixed. Although the districts use a variety of criteria, such as property value, parcel area, and distance from the transportation project, to calculate assessments in a way that promotes horizontal equity, the assessment methodologies do not take into account the disamenity associated with certain elements of public transportation projects, such as the rail line. Furthermore, owner-occupied residential properties are often exempt from paying assessments to garner support for SADs, rather than to satisfy equity concerns. Finally, the low-interest, long-term payment of assessments enhances vertical equity which can be further enhanced if assessment exemptions or deferments are consistently provided to seniors on fixed incomes and low-income households. [ABSTRACT FROM PUBLISHER]

This study provides evidence of the impact of an urban growth boundary (UGB) on housing and land prices. The study uses a data-set that inventories sales transactions of single-family homes and of vacant lots zoned for single-family homes within two miles of either side of the eastern boundary of the primary UGB in King County, Washington. The results show that although the UGB increases land prices by 230 per cent, it decreases housing prices by 1.3 per cent. These findings should encourage policy-makers to adopt a policy framework in which a UGB's anticipated inflationary land price effect is mitigated by policies that increase housing supply. Such policies could include minimum density requirements, zoning for multifamily housing, and ordinances enabling the construction of accessory dwelling units. [ABSTRACT FROM AUTHOR]

The study empirically estimates the effects of four types of impact fees (road, school, park, and fire protection impact fees) on new and existing housing, as well as the fees’ differential effects on price as determined by housing quality. The results indicate that impact fees generally raise the price of new housing. Further, the magnitude and the direction of the housing price effect of individual impact fees vary substantially. For example, the park impact fee increases the price of new and existing housing, whereas the fire protection impact fee has no effect or has a negative effect on housing prices. [ABSTRACT FROM PUBLISHER]

This paper assesses the potential for successful provision of high-speed rail (HSR) in the Midwestern United States, and concludes by identifying major lessons that other states and regions in the United States interested in developing HSR can draw from Midwest's experience. These lessons include development of a vision for national HSR; identification of a dedicated federal source of funding for HSR; securing strong local political leadership; involvement of private railroads; development of consensus on the benefits of HSR; ensuring that the state and local governments are ready to commit their share; and development of synergistic relationships with the airline, and local transit companies. [ABSTRACT FROM AUTHOR]

This paper provides new evidence on the effects of impact fees on housing prices, using an inventory of single-family housing sale transactions in the 38 cities and towns within King County, Washington, for the period 1991-2000. Although the effect of impact fees on housing prices has been examined previously, earlier studies have been limited by methodological deficiencies. This paper examines the effect of impact fees on new housing and their differential effect on housing price based on the quality of housing, and finds that the effect of impact fees on the price of new housing is quite significant and elastic, raising new home prices by about 166 per cent of the amount of the fee. The increase is 358 per cent for the higher-quality homes and is statistically insignificant for the lower-quality homes. [ABSTRACT FROM AUTHOR]