What Are Some of the Limitations of TDR Program?
A TDR program has high startup and administrative costs. The program may not generate transactions (for example, Island County generated two transactions in the first seven years of operation). Designing an effective program requires an in-depth understanding of local housing markets that may exceed the capability of many small communities. As with any voluntary program, the results will likely be a patchwork of preserved and developed land. Residents and elected officials in receiving areas may object to higher development levels in their communities.
