Value capture is the concept of the government taxing entities that benefit from an infrastructure project. For instance, if a new subway station is built in a neighborhood, the value of the nearby businesses and real estate rise dramatically and should be taxed to help pay for that new station.
Value capture is a fair and reasonable way to finance public sector projects that is more commonly used abroad, but we really need to make it standard procedure in the States. It would not only make funding badly needed infrastructure projects easier, perhaps just as importantly, it would remind the public of how important government services and investments are for private wealth creation.
You can read more about value capture here.