What Is Tdr Agreement

Unlike conservation techniques based solely on scarce public funds, TDR preserves land by harnessing the huge amounts of private capital that go into development projects. . For example, development rights may be transferred to residential or non-residential subdivisions. Residential developments that use TODs typically include additional uses (p.B. townhouses in addition to single-family homes), special uses (e.g.B. care annuity communities), increased density (more housing units per acre), or flexibility in area size and mass standards (variations in setbacks, plot size, etc.).

Comments are closed.