Land value tax helps realize the Richmond 300 vision

March 8, 2022

Since the 1990s, Richmond’s story largely has been one of success. Spurred and supported by the expansion of the Mid-Atlantic Interstate 95 corridor, the city saw employment increase, population loss reverse and median incomes increase from $24,000 in 1990 to $54,000 in 2020.

Yet, as often is the case, Richmond’s rising tide failed to lift all ships. Today, the city’s poverty rate remains at roughly 25%, with areas in decline standing in noticeable contrast to their more affluent counterparts. Add to this the prevalence of undesirable land uses — including vacant and blighted parcels, and surface parking lots; and very real concerns about continued sprawl development — and it is clear that, despite its progress, Richmond’s efforts to become an equitable, vibrant, sustainable urban center have yet to come to full fruition.

co–author Josie Faass, Ph.D., is co-director of the Center for Property Tax Reform and executive director of the Robert Schalkenbach Foundation. She is a graduate of the Bloustein School of Planning and Public Policy at Rutgers University.

Richmond TImes Dispatch, March 5, 2022

Recent Posts

Nikpour Receives Office of Disability Services Award

Professor Fereydoun Nikpour was selected for the Office of Disability Services Faculty Honor Roll. The Faculty Honor Roll is a new initiative to recognize instructors who go above and beyond to support the work of the Office of Disability Services (ODS). ODS staff...

Heldrich Report: NJ’s Energy-Efficiency Workforce Needs

New Jersey's Energy-Efficiency Workforce Needs, Infrastructure, and Equity Assessment New Jersey Governor Phil Murphy’s Energy Master Plan and Executive Order 315 set a goal to reduce fossil fuel usage to 100% clean energy by 2035. The Executive Order also called for...

Shaul Picker Receives 2024 Mortensen-Voorhees Award

Shaul Picker is the 2024 recipient of the Mortensen-Voorhees Award for Achievement in Transportation Studies. This award is granted annually to the highest-achieving student with a concentration in transportation at the Edward J. Bloustein School of Urban Planning and...

NJSPL – Key Insights from Early Offshore Wind Implementation

By Jessica Parineet Offshore wind development is in its early stages in the United States, with just under one gigawatt (GW) of utility scale capacity constructed. State decarbonization goals have catalyzed industry progress thus far, however the Biden administration...

EJB Talks: Political Update with Stuart Shapiro and Amy Cobb

Analyzing Trump's Guilty Verdict and the 2024 Election Outlook Stuart Shapiro welcomes back Amy Cobb MPAP '18 for a political update in the final EJB Talks episode of the spring 2024 season. They discuss the potential consequences of Trump's guilty verdict for...

Upcoming Events

Latest Past Events

Jersey City Alumni Mixer

Zeppelin Hall Biergarten 88 Liberty View Dr, Jersey City

Join us for an alumni mixer in #JerseyCity on Thursday, June 6th at Zeppelin Hall Biergarten. Parking for Zeppelin Hall is FREE - more information can be found here: This […]