fennolosa presentation 3 30 15
TRANSCRIPT
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The Community Preservation Act
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Historic Resources
Affordable Housing
Enables a community to fund four areas:
The Community Preservation Act
Recreation
Franklin School Apartments
Open Space
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Community Preservation Act Adoption
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Community Preservation Trust FundCommunity Preservation Trust Fund
In
Lexington
In Other
Towns
Fees
Fees
Middlesex
County
Other
Counties
Fees
Registries of Deeds/
Land Courts
Buyers &
Sellers
Fees
State
Community
Preservation
Trust Fund
Fees:
• $20 for Deeds
• $10 for Liens
$$
Distribution
to
participating
towns
Source of state matching funds
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Lexington State Matches to Date:
Year Percentage Amount
2008 100.00 $2,556,362
2009 69.00 $1,927,708
2010 36.17 $1,060,390
2011 28.22 $ 858,729
2012 27.62 $ 885,463
2013 27.79 $ 929,507
2014 54.09 $1,932,347
2015 32.56 $1,230,116
TOTAL $11,380,622
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• 158 communities (45%) have adopted CPA
• Close to $1.4 billion has been raised to date for community
preservation funding statewide
• Over 7,500 projects have been approved by local legislative bodies
• Over 8,500 affordable housing units have been created or supported
• 21,838 acres of open space have been preserved
• Over 3,600 appropriations have been made for historic
preservation projects
• Nearly 1,250 outdoor recreation projects have been initiated
CPA Accomplishments To Date:
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Input &
Fe
edba
ckLexington CPA Fund
3% Surcharge Funds
(Started July 2006)
State Funds –
(First match: Oct., 2007)
Community
Preservation
Committee
(CPC)*
Public
Hearings
Town
Meeting
Approved
Appropriations
Recommended
Appropriations
* CPC consists of 9 members – From Conservation Commission, Historical
Commission, Housing Authority, Housing Partnership, Planning Board and
Recreation Committee and 3 at-large members appointed by the Selectmen
Town Boards
& Committees
Public
Hearings
CPA funds allocation processCPA funds allocation process
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Lexington CPA Project Funding to Date:
Community Housing $ 7,797,857
Historic Resources $33,983,629
Open Space $13,932,015
Recreational Resources $ 4,202,392
TOTAL $59,915,893*
* (Does not include Admin. appropriation of $1,030,000)
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Benefits to Lexington:
Preservation of 78 acres of Open Space
Funding of 43 Historic Resource projects
Creation or preservation of 18 Recreational
Resources
Creation or support of 253 units of Community
Housing
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CPA funds support projects that:
Preserve important historic resources
Meet critical housing needs
Acquire open space
Preserve recreational
facilities
…and help preserve and
enhance the character
of our community!