Laserfiche WebLink
<br />Community Preservation Fund Allowable Spending Purposes <br /> <br /> <br />OPEN SPACEHISTORIC RESOURCESRECREATIONAL LANDCOMMUNITY HOUSING <br /> <br />DEFINITIONS Land to protect existing and future well Buildings, structures, vessels, real Land for active or passive recreational Housing for low and moderate income <br /> <br />(G.L. c. 44B § 2) <br />fields, aquifers and recharge areas, property, documents or artifacts listed use including, but not limited to, the use individuals and families, including low <br /> <br />watershed land, agricultural land, on the State Register of Historic Placesof land for community gardens, trails, or moderate income seniors. Moderate <br />grasslands, fields, forest land, fresh and or deemed by the local historic noncommercial youth and adult sports, income is less than 100%, and low <br />salt water marshes and other wetlands, preservation commission to be and the use of land as a park, playground income is less than 80%, of US HUD <br /> <br />ocean, river, stream, lake and pond significant in the history, archeology, or athletic field. Does not include horse Area Wide Median Income. <br />frontage, beaches, dunes and other coastal architecture or culture of the city or or dog racing or the use of land for a <br /> <br />town. <br /> <br />lands, lands to protect scenic vistas, land stadium, gymnasium or similar structure. <br />for wildlife or nature preserves and land <br /> <br />for recreational use. <br /> <br />ACQUIRE <br /> <br />YESYESYESYES <br />Obtain property interest by gift, purchase, <br />devise, grant, rental, rental purchase, lease or <br />otherwise. Only includes eminent domain taking <br />as provided by G.L. c. 44B. <br /> <br />CREATE <br />Seideman <br /> <br />YESNOYESYES <br />To bring into being or cause to exist. <br /> <br />v. City of Newton <br />, 452 Mass. 472 (2008) <br />PRESERVE <br /> <br />Protect personal or real property from injury, YESYESYESYES <br />harm or destruction. <br /> <br />SUPPORT <br /> <br />NO <br /> <br /> NO <br />Provide grants, loans, rental assistance, security NONOYES, <br /> <br />NO <br />deposits, interest rate write-downs or other including funding for affordable <br /> <br />forms of assistance directly to individuals and housing trusts <br />families who are eligible for community <br />housing, or an entity that owns, operates or <br />manages such housing for the purpose of <br /> <br />making housing affordable. <br /> <br />REHABILITATE/RESTORE <br /> <br />YES, YESYESYES <br />Make capital improvements, or extraordinary , <br />repairs to make assets functional for intended 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 />8 <br /> <br />Adapted from information provided by Massachusetts Department of Revenue, Division of Local Services <br /> <br />