[k1052]

There is a value capture scheme being batted around but as I understand it the money would go into the MTA's general funding instead of being dedicated to any particular project. There are a lot of understandable objections and questions about such a proposal. Healthy skepticism about how this would actually work is def warranted.

Chicago is doing something similar but it's specifically directed at one project in the area where property tax increases will be captured. The people who are affected know exactly what they're getting in return.