MENU OF TOOL TOPICS (Choose 4 out of the 11 listed)

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MENU OF TOOL TOPICS (Choose 4 out of the 11 listed)

GOAL #1: SUPPORT THE RURAL LANDSCAPE Strategy D: Link Rural Land Preservation Strategies to Great Neighborhoods

Strategy D: Link Rural Land Preservation Strategies to Great Neighborhoods With strategic and early planning, a community can prioritize which land is most important to preserve and which land can accommodate the projected need for future growth. Tools and Policies Transfer of development rights Priority funding areas Agriculture, ranching, or forestry zoning Rural home clustering Goal #1: Support the Rural Landscape

Transfer of Development Rights (TDR) Protects one area of undeveloped land (“sending area”) by transferring the rights to develop it to another area (“receiving area”) More than 100 TDR programs across the country 26+ states have legislation enabling TDR Goal #1: Support the Rural Landscape Strategy D: Link Rural Land Preservation Strategies to Great Neighborhoods

Benefits of Transfer of Development Rights Provides an economic incentive to preserve land –Rural landowners have a financial incentive to not develop critical working lands (they can sell the development rights) –Allows developers to build at higher densities in desired development areas than they would normally be allowed Provides an economic mechanism to fund conservation –TDR dollars fund the local government purchase of selected rural conservation easements to protect farms, forests, or ranches elsewhere Goal #1: Support the Rural Landscape Strategy D: Link Rural Land Preservation Strategies to Great Neighborhoods

Transfer of Development Rights Example Montgomery County, Maryland County was losing 3,500 acres of land per year to suburban sprawl Rural Density Transfer program started in 1980 More than 93,000 acres (of the county’s 316,000 acres) are still in agriculture Goal #1: Support the Rural Landscape Strategy D: Link Rural Land Preservation Strategies to Great Neighborhoods