2016-12-00 Community Preservation Plan: A Needs Assessment.rpt

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security deposit assistance, interest rate write-downs or other financial assistance for persons who qualify for community housing); The acquisition, creation, preservation and rehabilitation and/or restoration of land for recreational use; and The rehabilitation and restoration of open space and community housing that has been acquired with CPA funds. Preference will be given to proposals which meet as many of the following general criteria as possible, specifically those which: • Are consistent with current planning documents adopted by the Town; • Preserve the essential character of the Town as described in the Comprehensive Plan; • Save resources that would otherwise be threatened; • Benefit a currently under -served population; • Serve more than one CPA purpose (for example, in linking open space, recreation and community housing, or the reuse of historic resources for community housing) or demonstrate why serving multiple needs is not feasible; • Demonstrate practicality and feasibility, and demonstrate that they can be implemented expeditiously and within budget; • Produce an advantageous cost/benefit value; • Leverage additional public and/or private funds; • Preserve or use currently owned Town assets; • Receive endorsement by other municipal boards, committees or departments; and • Provide long-term contribution and/or enhancement to the Town. Process The Town Manager, Town boards, committees and departments, civic organizations and residents may bring proposals for funding to the CPC. Such proposals must be submitted by November 1 in the form prescribed by the CPC, in order to be considered for funding at the next Annual Town Meeting. Except in exigent circumstances, the CPC does not review and submit proposals to Fall Special Town Meetings. In cases where proposals are contingent upon Town budget processes, or upon receipt of professional estimates, appraisals and the like, and cannot be completed by November 1, initial proposals must be submitted by November 1, and completed proposals must be submitted no later than January 15 of the following year. Proposals submitted after January 15 will not be reviewed and submitted by the CPC to the Annual Town Meeting, but may, after review and with the agreement of the applicant, be submitted to a subsequent Town Meeting. Under the CPA statute, the CPC does not have the power to appropriate funds for particular projects, only to make recommendations to Town Meeting. While the power to appropriate CPA funds is reserved solely for Town Meeting, it may act only upon the recommendations of the CPC. It may choose to deny or reduce funding for a project recommended by the CPC, but it D