CPA NEWS The Yarmouth Community Preservation Committee is accepting Community Preservation FY17 grant applications until Friday , October 14, 2016 at 4:00 p.m.for consideration at the spring 2017 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 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.