Alternative TDR Transaction Mechanisms
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.