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Community Preservation Fund Allowable Spending Purposes <br /> OPEN SPACE HISTORIC RESOURCES RECREATIONAL LAND COMMUNITY HOUSING <br /> DEFINITIONS (G.L.c.44B§2) Land to protect existing and future well Buildings,structures,vessels,real Land for active or passive recreational Housing for low and moderate income <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 /> watershed land,agricultural land, on the State Register of Historic Places of 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 /> 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 /> lands,lands to protect scenic vistas,land town. stadium,gymnasium or similar structure. <br /> for wildlife or nature preserves and land <br /> for recreational use. <br /> ACQUIRE <br /> Obtain property interest by gift,purchase, YES YES YES 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.Seidernan YES PATO YES YES <br /> v.City of Newton,452 Mass.472(2008) <br /> PRESERVE <br /> Protect personal or real property from injury, YES YES YES YES <br /> harm or destruction. <br /> SUPPORT <br /> Provide grants,loans,rental assistance,security No NO NO YES, <br /> deposits,interest rate write-downs or other including funding for affordable <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 /> making housing affordable. <br /> REHABILITATE/RESTORE <br /> Make capital improvements,or extraordinary YES, YES YES YES, <br /> repairs to make assets functional for intended if acquired with CPA funds 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 Adapted from information provided by Massachusetts Department of Revenue,Division of Local Services <br />