CPA FY19 GRANT ROUND OPEN UNTIL OCTOBER 5th The Yarmouth Community Preservation Committee is accepting Community Preservation Act (CPA) grant applications until Friday, October 5, 2018 at 4:00 p.m. for consideration at the spring 2019 Annual Town Meeting.
CPA OVERVIEW 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 surcharge 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 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.