Tax increment financing could fund sea level rise mitigation projects: David Martin

To entice developers into combating sea level rise, local governments should consider leveraging property tax revenues from a designated area to finance infrastructure projects that prevent major flooding and reduce catastrophic storm surge damage, according to a prominent Miami developer. “New residential developments is one of those ideas to start funding a lot of these projects,” Terra President David Martin said during an panel Wednesday on sea-level rise. “How can we get city and county … Continue reading Tax increment financing could fund sea level rise mitigation projects: David Martin[more]