New funding model could deliver £4.5bn for transport projects, says WSP

nine elms

Tax Increment Financing (TIF) could unlock billions for TfL extensions if formatted for residential use

An amended version of the investment model used to support a new branch of the Northern Line could drive £4.5bn in funding for upcoming transport schemes over 25 years, said WSP.

 

A new report published by the consultant alongside business campaign group BusinessLDN, endorsed building on the tax increment financing (TIF) approach.

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