What is a TDR Program?
A Transfer of Development Rights (TDR) Program separates the amount of development allowed on a parcel (typically measured in dwelling units) from the title of the property for the purpose of selling the development rights for use on another parcel. The development rights are removed from one property (known as the sending property) and used to increase the amount of development on another property (known as the receiving property). Such a transfer typically involves the relocation of development from an area undesirable for development (e.g., sensitive resource areas or agricultural lands) to an area suited for development (e.g., within a town).