Financing Mechanisms for Capacity Improvements at Interchanges

James Strathman, Portland State University


This report examines the use of alternative local financing mechanisms for interchange and interchange area infrastructure improvements. The financing mechanisms covered include transportation impact fees, tax increment financing, value capture financing, local improvement districts, transportation corporations, state infrastructure banks, local option transportation taxes, fair share mitigation, and transportation concurrency. The financing alternatives are assessed in the context of Interchange Area Management Plans, which are required by the Oregon Transportation Commission, as well as in the context of the Oregon Department of Transportation’s responsibilities under the state’s Transportation Planning Rule.

Project Details

Project Type:
Project Status:
End Date:
January 31,2010
UTC Grant Cycle:
OTREC 2009
UTC Funding: