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Private initiatives in German urban development policy
Business Improvement Districts (BID) and Housing Improvement Districts (HID) are a new instrument of urban development policy in Germany. Their use reflects the fact that public assistance for urban development, while necessary, is not sufficient on its own to bring about the required change. They can be seen as a specific version of public–private partnership, which is to some extent also the philosophy underlying government-backed public assistance. Based on private initiative, they may be formalized (on the basis of legislation) or more informal. The first formalized German BID was established in Hamburg in 2005; a HID will follow soon. The Federal Ministry of Transport, Building and Urban Affairs has set up a scientific research initiative, Urban Improvement Districts in Urban Restructuring, with 14 model projects around Germany, on a more informal basis. The Ministry wants to learn how BIDs and HIDs will fit into legislation on, and give financial assistance to, urban development, as public engagement will increasingly reach its fiscal limits and the role of private initiatives in urban development will increase.
Private initiatives in German urban development policy
Business Improvement Districts (BID) and Housing Improvement Districts (HID) are a new instrument of urban development policy in Germany. Their use reflects the fact that public assistance for urban development, while necessary, is not sufficient on its own to bring about the required change. They can be seen as a specific version of public–private partnership, which is to some extent also the philosophy underlying government-backed public assistance. Based on private initiative, they may be formalized (on the basis of legislation) or more informal. The first formalized German BID was established in Hamburg in 2005; a HID will follow soon. The Federal Ministry of Transport, Building and Urban Affairs has set up a scientific research initiative, Urban Improvement Districts in Urban Restructuring, with 14 model projects around Germany, on a more informal basis. The Ministry wants to learn how BIDs and HIDs will fit into legislation on, and give financial assistance to, urban development, as public engagement will increasingly reach its fiscal limits and the role of private initiatives in urban development will increase.
Private initiatives in German urban development policy
Brenner, János (author)
Urban Research & Practice ; 3 ; 219-228
2010-06-02
10 pages
Article (Journal)
Electronic Resource
Unknown
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