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Public-Private Partnerships for Development: Best Practices

Understand 10 best practices to use in structuring a public-private development program.

Community development and redevelopment often require partnerships between the private sector and the government to help realize key public objectives. Important projects are stymied by the reduced federal role and the constraints on state and local government resources. It is critical that the public and private sectors are actively engaged to help redevelop brownfields and obsolete buildings, and complete the historic rehabilitation of local icons. Creating vibrant town centers and transit-oriented developments often call for land acquisition and infrastructure assistance by the public sector to leverage private investment. Some key financing tools that make deals work include Tax Increment Financing and New Markets Tax Credits as well as Historic Tax Credits and Low Income Housing Tax Credits. Best practices for public-private partnerships involve working together to use these tools in the context of agreed goals. In this material, we will: introduce the 10 best practices; explore techniques for creating shared visions; assess how the public sector can help achieve site readiness/address environmental and other extraordinary costs to support feasible and high-quality development; overcome obstacles to complex projects; establish workable business relationships between the public and private sectors, ensuring that the deal is fair to both parties; structure public tools and private financing to manage risk; and share in the success of projects.

Runtime: 89 minutes
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Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Overview

  • Why Public-Private Partnerships Are Increasingly Important
  • The Public-Private Divide
  • Overcoming the Divide: 10 Best Practices in Summary

Creating a Shared Vision

  • Identifying Stakeholders
  • Creating a Compelling Development Strategy
  • What Is Physically Possible?
  • What Is Economically Feasible?
  • What Are the Community Goals?
  • The "Believable Fiction"

Pre-Development: Eliminating Hurdles to Site Development

  • Zoning and Other Entitlements
  • Ownership/Site Assembly
  • Demolition and Remediation
  • Using Public Facilities and Capital Programs to Seed Development

Establishing Partnerships, Developer Initiated and Government Initiated

  • With Whom Are You Dealing?
  • Experience and Financial Capacity
  • Authority
  • Negotiated Processes
  • Developer Solicitation Processes

Making a Fair Deal

  • The but forů Test
  • What Is the Gap?
  • Fiscal and Other Community Benefits -Cost/Benefit Issues
  • Right Sizing and Structuring
  • Public Financing Tools and Options
  • Private Sector Financing Needs
  • Minimizing Public Sector Risk

Sharing in Success

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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

Applications have not yet been submitted for Delaware, Idaho, Kentucky, Ohio, Oklahoma, South Carolina, and Wyoming CLE for this course. However, if you are interested in obtaining CLE for any of the listed states or have any additional credit questions please email us at [email protected] or call us at 866-352-9540.

This course was last revised on April 17, 2018.

Call 1-866-352-9540 for further credit information.

  • AICP 1.25
     
  • This course has been approved by the American Planning Association for 1.3 hours of CM credit for AICP members.
     
  • Arizona CLE 1.5
     
  • The Arizona State Bar does not pre-approve or pre-certify MCLE programs. However, records of this program and attendance will be maintained by Lorman Education Services for auditing purposes. This activity may qualify for up to 1.5 hours toward your annual CLE requirement for the State Bar of Arizona.
     
  • CA MCLE 1.5
     
  • Lorman Business Center, Inc. is a State Bar of California approved MCLE sponsor and this course qualifies for 1.5 CLE hours of participatory credit.
     
  • CO CLE 2.0
     
  • This program may qualify for 2.0 credit hours through the Colorado Supreme Court Board of Continuing Legal and Judicial Education through reciprocity. This course is accredited in other jurisdictions such as New Jersey. To receive CLE credit for this program, a home study affidavit must be submitted to the Supreme Court Board of Continuing Legal and Judicial Education.
     
  • CT CLE 1.0
     
  • Neither the Connecticut Judicial Branch nor the Commission on Minimum Continuing Legal Education approve or accredit CLE providers or activities. This course has been approved for CLE credit in jurisdictions aside from CT and therefore it automatically meets the content and delivery requirements in Connecticut. Credit is based on a 60 minute credit hour and shall be awarded as follows: 1.0 CLE credit(s).
     
  • HI CLE 1.25
     
  • This program was approved by the Hawaii State Board of Continuing Legal Education for 1.25 CLE credit hours.
     
  • IL CLE 1.25
     
  • This course was approved for a total of 1.25 hours of MCLE Credit by the Illinois MCLE Board.
     
  • ME CLE 1.0
     
  • This course has been approved by the State of Maine Board of Overseers of the Bar. Lawyers who complete this course shall receive 1.0 hours of CLE credit under M. Bar R. 12.
     
  • MS CLE 1.5
     
  • This program has been approved by the Mississippi Commission on Continuing Legal Education for a maximum of 1.5 credit hours.
     
  • MT CLE 1.5
     
  • This program has been approved by the Montana Commission of Continuing Legal Education for a total of 1.5 CLE credits.
     
  • NH MCLE 1.5
     
  • NH MCLE does not approve or accredit CLE activities for the NH Minimum CLE requirement. Lorman Education Services believes this course meets the requirement of NH Supreme Court Rule 53 and may qualify for CLE credit(s). Program Length: 90 Minutes.
     
  • NJ CLE 1.8
     
  • This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 1.8 hours of total CLE credit.
     
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  • This program has been approved by the Nevada Board of Continuing Legal Education for 1.5 CLE hours.
     
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  • This Distance Learning program has been approved by the Pennsylvania Continuing Legal Education Board for 1.0 hours of substantive law, practice and procedure CLE credit.
     
  • RI CLE 1.5
     
  • This program has been approved by the Rhode Island Mandatory Continuing Legal Education Commission for 1.5 hours of CLE credit.
     
  • TN CLE 1.47
     
  • This program has been approved as a distance learning format by the Tennessee Commission on Continuing Legal Education for a maximum of 1.47 hours of credit.
     
  • VT CLE 1.5
     
  • This program has been approved by the Mandatory Continuing Legal Education Board of Vermont for 1.5 hours of self-study CLE credit.
     
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  • This program has been approved by the Washington State Board of Continuing Legal Education for 1.5 hours of A/V credit under the Law & Legal Procedure category.
     
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  • This program has been approved by the Board of Bar Examiners for 1.5 hours for use toward the Wisconsin Mandatory CLE requirement.
     
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  • This Ondemand program is applicable for professional development hours through the Alaska State Board of Registration for Architects, Engineers and Land Surveyors. Professional development hours: 1.0. *Please check the rules and requirements in your state for compliance.
     
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  • This ondemand course is applicable for professional development hours through the Mississippi State Board of Registration for Professional Engineers.* *Please check the rules and requirements in your state for compliance.
     
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  • Lorman Business Center, Inc. is an approved provider with the New York State Board for Engineering and Land Surveyors. This Ondemand course qualifies for 1.5 hour(s) for engineers. NYS will accept CE credit for any given course only once in a three year registration period.
     
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  • This course is applicable for professional development hours for engineers.* *Please check the rules and requirements in your state for compliance.
     
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  • WI ENG 1.5
     
  • This course is applicable for a maximum of 1.5 hours toward the PDH requirement for engineers.* *The Wisconsin Engineer Section has final authority on the acceptance of individual courses and providers.
     
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  • WY ENG 1.7
     
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To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Audio & Reference Manual

  • Arizona CLE 1.5
     
  • CA MCLE 1.5
     
  • CT CLE 1.5
     
  • GA CLE 1.5
     
  • HI CLE 1.5
     
  • IL CLE 1.5
     
  • ME CLE 1.5
     
  • MT CLE 1.5
     
  • NJ CLE 1.8
     
  • NV CLE 1.5
     
  • VT CLE 1.5
     
  • WA CLE 1.5
     
  • WV MCLE 1.8
     
The CLE Code is ONLY a requirement when applying for CLE Credit in California (for participatory credit), Kansas, New Jersey or New York. Other states do not need to supply the CLE Code to apply for CLE credit.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

  • Arizona CLE 1.5
     
  • CA MCLE 1.5
     
  • CT CLE 1.5
     
  • HI CLE 1.5
     
  • IL CLE 1.5
     
  • ME CLE 1.5
     
  • MT CLE 1.5
     
  • NJ CLE 1.8
     
  • NV CLE 1.5
     
  • VT CLE 1.5
     
  • WA CLE 1.5
     
  • WV MCLE 1.8
     
The CLE Code is ONLY a requirement when applying for CLE Credit in California (for participatory credit), Kansas, New Jersey or New York. Other states do not need to supply the CLE Code to apply for CLE credit.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Lance Dorn

Lance Dorn

S.B. Friedman & Company

  • Vice president, SB Friedman Development Advisors
  • Practice emphases economic feasibility and gap analysis for development projects
  • Co-author of Planning Advisory Services Memo “Constructing Effective Public-Private Partnerships,” American Planning Association, 2017
  • Masters in Real Estate Development, University of Maryland; B.A. degree with focus in urban planning and development, University of Wisconsin-Milwaukee
  • Associate Member, Urban Land Institute
  • Can be contacted at [email protected] or 312-424-4255
Stephen B. Friedman, FAICP, CRE

Stephen B. Friedman, FAICP, CRE

S.B. Friedman & Company

  • Founder and president, SB Friedman Development Advisors
  • Practice emphasizes all aspects of successful public-private partnerships from planning to financing
  • Regularly speaks to diverse professionals on development matters
  • Author of many publications and editor and contributor to “Successful Public/Private Partnerships: From Principles to Practices,” Urban Land Institute, 2016
  • M.S. degree in urban and regional planning from the University of Wisconsin at Madison; B.A. degree in Urban and Community Studies from Goddard College
  • Full Member of the Urban Land Institute, Counselor of Real Estate (CRE), and Fellow of the American Institute of Certified Planners (FAICP)
  • Can be contacted at [email protected] or 312-424-4260
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Product ID: 401840
Published 2018
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