Alternative Transfer of Development Rights (TDR) Transaction Mechanisms

Transfer of development rights (TDR) is an innovative land use tool that can help communities implement growth management plans and policies. As a voluntary, market-based mechanism, TDR goes beyond conventional zoning by transferring development rights from areas where conservation is favored into areas where growth can be accommodated. A more complete description of TDR and its benefits is detailed in the first issue paper in this series, entitled “Transfer of Development Rights (TDR) in Washington State: Overview, Benefits, and Challenges,” also written and published by the Cascade Land Conservancy.

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