Using TDR as a Planning Tool
In January 2005, PlanSmart NJ began working on a project to promote Transfer of Development Rights as a planning tool for municipalities to use under the new TDR legislation, funded by the Victoria Foundation. The project has three objectives:
1) Develop a step-by-step process to be used to establish local TDR programs,
2) Prepare and distribute materials about the advantages and implementation of TDR,
3) Begin working on one TDR demonstration project, preferably in the Highlands .
PlanSmart NJ is conducting research on this project as part of our work with the Highlands TDR working group (which also includes Environmental Defense, Lincoln Institute of Land Policy, Regional Plan Association and New Jersey Future).