Community Preservation Program
The Community Preservation Committee is recommending six Community Preservation Act (CPA) articles for consideration at the Annual Town Meeting on May 6, 2017. The first two articles place CPA funds into the required reserve accounts. The third article places CPA funds into the Municipal Affordable Housing Trust. The remaining three articles are bundled recommendations for community housing, recreation, and historic resources with each project shown as a line item.
Click here to view the draft CPA articles and explanations
The total funding requested for the FY17 grant round was $3,466,185 and the Committee is recommending 15 projects totaling $2,475,993. The total funding recommendations are as follows:
Group: Requested Recommended
Affordable Housing $516,500 $516,100
Recreation $1,168,000 $403,000
Historic Resource $1,781,685 $1,556,893
TOTAL $3,466,185 $2,475,993
CPA UPCOMING GRANT ROUND
The Yarmouth Community Preservation Committee is accepting Community Preservation Act (CPA) grant applications until Friday, September 15, 2017 at 4:00 p.m. for consideration at the spring 2018 Annual Town Meeting.
Click here to view the application and submission guidelines
The Community Preservation Act (CPA) MGL. c. 44B was enacted by the state to allow any Town in Massachusetts to adopt a property tax surcharge of up to 3%, the revenues from which and any matching State funds (up to 100%) could be appropriated for community housing, historic preservation, open space, and recreation projects.
In January 2005, Yarmouth voters adopted a 3% property tax under the Community Preservation Act and withdrew from the Cape Cod Landbank. Since then, the Town appointed a nine-member Community Preservation Committee and Town Meeting has approved 27 projects based on Community Preservation Committee recommendations.
CPA funds may be spent on qualifying projects in the four target areas of community housing, historic preservation, open space, and recreation. These funds cannot be used for any other purposes.