How Does Value Capture Zoning™ (VCZ)™ Work? (graph)

When Is The Right Time to Adopt Value Capture Zoning™ (VCZ)™?

Cities have a timely & unique  opportunity to explore & install these VALUE CAPTURE tools NOW

  1. Housing Element & Zoning Compliance: Value Capture tools can be a key part of your housing element / zoning code updates – tying new density with community benefits and infrastructure
  2. Specific Plan or General Plan Revisions: Planning document creation / revisions give Cities / Counties an opportunity to include and implement Value Capture Zoning™ (VCZ)™
  3. Value Capture Zoning™ (VCZ)™ captures High Demand for New Uses: Creating a DOR® Bank is particularly useful in areas where there is high demand for uses and zoning changes are needed to add capacity
  4. Economic Development Strategies (Tax Increment Approach): Evaluate opportunities to leverage zoning as an inducement for private  investment by placing density areas in a TIF District such as; Enhanced Infrastructure Financing District (EIFD) or  Climate Resilience District (CRD)

Value Capture Zoning™ (VCZ)™ can support RHNA and Housing Element compliance:

  • If you have an approved Housing Element, look at remaining sites with unassigned zoning density as potential targets for DOR®.
  • Value Capture Zoning™ (VCZ)™ adds density to Housing Element sites using the DOR® bonus which can supercharge RHNA compliance
  • Cities have ~ 3 years to update zoning to align with HE – now is the time to use DOR® and install Value Capture Zoning™ (VCZ)™ to pursue RHNA compliance