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Community Preservation Fund Allowable Spending Purposes <br />OPEN SPACE <br />HISTORIC RESOURCES <br />RECREATIONAL LAND <br />COMMUNITY HOUSING <br />DEFINITIONS (G.L. c. 44B § 2) <br />Land to protect existing and future well <br />Building, structure, vessel, real property, <br />Land for active or passive recreational <br />Housing for low and moderate income <br />fields, aquifers and recharge areas, <br />document or artifact listed on the state <br />use including, but not limited to, the use <br />individuals and families, including low <br />watershed land, agricultural land, <br />register of historic places or determined <br />of land for community gardens, trails, and <br />or moderate income seniors. Moderate <br />grasslands, fields, forest land, fresh and <br />by the local historic preservation <br />noncommercial youth and adult sports, <br />income is less than 100 %, and low <br />salt water marshes and other wetlands, <br />commission to be significant in the <br />and the use of land as a park, playground <br />income is less than 80 %, of US HUD <br />ocean, river, stream, lake and pond <br />history, archeology, architecture or <br />or athletic field. Does not include horse <br />Area Wide Median Income. <br />frontage, beaches, dunes and other coastal <br />culture of the city or town. <br />or dog racing or the use of land for a <br />lands, lands to protect scenic vistas, land <br />stadium, gymnasium or similar structure. <br />for wildlife or nature preserve and land for <br />recreational use. <br />ACQUIRE <br />Obtain property interest by gift, purchase, <br />YES <br />YES <br />YES <br />YES <br />devise, grant, rental, rental purchase, lease or <br />otherwise. Only includes eminent domain taking <br />as provided by G.L. c. 44B. <br />CREATE <br />To bring into being or cause to exist. Seideman <br />YES <br />NO <br />YES <br />YES <br />v. City of Newton , 452 Mass. 472 (2008) <br />PRESERVE <br />Protect personal or real property from injury, <br />YES <br />YES <br />YES <br />YES <br />harm or destruction. <br />SUPPORT <br />Provide grants, loans, rental assistance, security <br />NO <br />YES, <br />deposits, interest rate write -downs or other <br />including funding for affordable <br />forms of assistance directly to individuals and <br />housing trusts <br />families who are eligible for community <br />housing, or to entity that owns, operates or <br />manages such housing for the purpose of <br />making housing affordable. <br />REHABILITATE/RE STORE <br />Make capital improvements, or extraordinary <br />YES, <br />YES <br />YES <br />YES, <br />repairers to make assets functional for intended <br />if acquired with CPA funds <br />if acquired with CPA funds <br />use, including improvements to comply with <br />federal, state or local building or access codes or <br />federal standards for rehabilitation of historic <br />properties. <br />Adapted from information provided byMassaxhusetts Department ofRevenue, Division ofLocal Services <br />