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Regional Transfer of Development Rights Program
What more can we do to conserve rural, agricultural and forested land?
 
Chapter 43.362 RCW – Regional Transfer of Development Rights Program
2SHB 1636 – Final Bill Report (2007)
 
Description
The Regional Transfer of Development Rights Program is focused on four central Puget Sound counties (King, Kitsap, Pierce, and Snohomish), and the 71 cities within their boundaries. A transfer of development rights (TDR) program is a market-based mechanism that encourages the voluntary transfer of growth from places where a community would like to see less development, referred to as sending areas, to places where a community would like to see more development, referred to as receiving areas. The regional program builds upon existing TDR programs, pilot projects, and private initiatives through the creation of a market-based program in central Puget Sound.
 
Background
Local governments have always had the option of adopting a TDR program under the planning laws of the State. TDR programs are encouraged under the Growth Management Act as an innovative land use technique. The regional program is based on Chapter 43.352 RCW, enacted in May 2007.
 
The Washington State Department of Commerce (Commerce) is working with local partners to develop a regional TDR program in central Puget Sound. Its focus is on conservation of rural, agricultural and forested lands. Commerce encourages and assists with county and city efforts to develop local TDR programs, and works with the Puget Sound Regional Council, under a grant from the U.S. Environmental Protection Agency, to implement a regional TDR process. Commerce worked with an advisory committee to develop a regional TDR marketplace that includes supporting strategies to financing infrastructure and conservation.
 
Policy advisory committee members and meeting materials
 
Commerce also convened a technical advisory committee to consult participats in developing a regional TDR program.  See the list of technical advisory committee members.
 
TDR Market Analysis of Central Puget Sound
Commerce hired DC&E (formerly Solimar Research Group, Inc.) to conduct a market analysis of TDRs in the four central Puget Sound counties.  The consultant team was also tasked with studying the feasibility of inter-jurisdictional transfers and recommending a market mechanism. Please see the Market Analysis for Regional Transfer of Development Rights in Central Puget Sound, dated June 13, 2008.
 
Additional pages for TDR Program Information
 
 
 
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