Task force discusses phasing out transferable development rights and effects on land preservation

The task force examined transferable development rights (TDRs) as part of a review of the draft plan’s build-out analysis. The consultant explained that a TDR program allows development rights to be sold from one property to be used to increase development capacity in a receiving area, often with density bonuses. The consultant said "it is my understanding that the township is looking to sunset that program," and noted the land-preservation committee has increasingly favored straightforward land-preservation transactions rather than partial TDR severances.