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Value Capture Reconsidered

Should cities only allow new housing on the condition that the developers of that housing deliver public benefits in return? Often called “value capture”, this idea is used to justify various forms of inclusionary zoning. In a new essay, Lewis Center affiliated scholar Michael Manville argues that value capture inverts one of the most important insights in urban economics and urban public finance: that value rests primarily in land, and that development is an important way to share and redistribute land value.

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Without reliable, accessible, and affordable child care, working outside of the home is challenging or even impossible, particularly for mothers who continue to have disproportionate responsibility for the care of children. The lack of affordable care can keep women out of the labor force with negative consequences for parents, children, and the economy, overall. Given persistent challenges in the child care industry, this new Lewis Center report provides an overview of the current landscape of the child care sector in Los Angeles County and the impacts of COVID-19 on the sector.

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Every year, the Lewis Center supports research conducted by graduate students at the UCLA Luskin School of Public Affairs. Students research issues related to improving how we live, move and work in the Los Angeles region. This year’s student capstone projects looked into various topics, including reimagining the roles parks play in communities, the expanded role of community development corporations during COVID-19 and other times of crisis, the preservation of agriculture and development of renewable energy in the Antelope Valley, and sex worker safety in criminalized environments.

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Check out the latest episodes of UCLA Housing Voice on bundled parking, mortgage discrimination and opposition to developers. New episodes released biweekly. Listen and subscribe wherever you get your podcasts.
 

Child Care Access and LA’s Recovery

WED, June 30 | 12:30 - 1 p.m.


Join us for a 30-minute dive into our recent report. Attendees will learn how the lack of child care access is likely to affect the trajectory of the region’s economy, and how child care access connects to other issues facing the LA region like housing affordability and transportation access. First 5 LA will also share the different ways that their organization and partners are working to advance progress to address the lack of access for parents as well as improving conditions for people working in the child care sector.
 
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