The legislature has recently authorized a regional program for the Transfer of Development Rights (TDR) among a number of Puget Sound jurisdictions, including King, Kitsap, Snohomish and Pierce Counties and the municipalities within them. This legislation (click here for HB 1172 and the final session law) , effective July 26, 2009, amends Chapter 43.362, RCW, and authorizes the State Department of Community, Trade & Economic Development (CTED) to serve as central coordinator for the program at the state level. The bill's goal is to conserve rural agricultural, forest and other resource land by encouraging transfer of density from such rural resource land to urban areas through the marketplace. Local governments can initiate participation in the program by interlocal agreement or by resolution. This regional TDR program encourages participating governments "to provide permitting or environmental review incentives for developers to participate." It may also benefit landowners and developers by permitting inter-jurisdictional sales of development capacity.
Related Articles
2025
Feature
Financial Services
New Administration Outlook: Helping You Navigate Post-Election Uncertainty in 2025 and Beyond Read More External Link06.18.25
Insights
Foundations & Nonprofits
UPDATE: Senate Finance Committee's Version of "The One, Big, Beautiful Bill" Provides Some Relief to Nonprofits Read More 06.16.25
Insights
Land Use & Development
Fast-Tracking Federal Natural Resource Approvals: Seabed Exploration and Mining Read More