Forterra partners with landowners, state and local governments, and other relevant stakeholders to develop Transfer of Development Right (TDR) programs.TDR is an incentive-based real estate tool that provides landowners new options for realizing the development potential of farmland, forests, and private natural areas.

Through voluntary transactions, development rights are are sold and transferred from lands with important resource or conservation value(sending sites) to areas better suited for growth and development (receiving sites). Landowners in sending areas receive the development value of their property, retaining ownership and all other property rights, while developers in receiving areas pay for the right to a bonus in the receiving area, such as additional height or density than would not otherwise be allowed. When development rights are sold from a parcel, a conservation easement is placed on the sending site to reflect the transfer from the property.

Please contact us for more information:

(206) 292-5907
info@forterra.org