COMMUNITY PRESERVATION FUND ALLOWABLE SPENDING PURPOSES
<br /> OPEN SPACE HISTORIC RECREATIONAL COMMUNITY
<br />RESOURCES LAND HOUSING
<br />
<br />Land to protect existing and Building, structure, Land for active or passive Housing for low and
<br />DEFINITIONS
<br />future well fields, aquifers and vessel, real property, recreational use including, but moderate income
<br />recharge areas, watershed document or artifact listed not limited to, the use of land individuals and
<br />land, agricultural land, or eligible for listing on for community gardens, trails, families, including low
<br />grasslands, fields, forest land, the state register of and noncommercial youth and or moderate income
<br />fresh and salt water marshes, historic places or adult sports, and the use of seniors
<br />and other wetlands, ocean, determined by the local land as a park, playground or
<br />river, stream, lake and pond historic preservation athletic field Moderate income is
<br />frontage, beaches, dunes and commission to be less than 100%, and
<br />other coastal lands, lands to significant in the history, Does not include horse or dog low income is less than
<br />protect scenic vistas, land for archeology, architecture racing or the use of land for a 80%, of US HUD Area
<br />
<br />wildlife or nature preserve and or culture of the city or stadium, gymnasium or Wide Median Income
<br />
<br />land for recreational use town similar structure
<br />ACQUIRE YES YES YES YES
<br />Means obtain by gift, purchase, devise,
<br />
<br />grant, rental, rental purchase, lease or
<br />otherwise
<br />
<br />CREATE YES NO YES YES
<br />
<br />PRESERVE YES YES YES YES
<br />Means protect from injury, harm or
<br />
<br />destruction, not maintenance
<br />YES
<br />SUPPORT NO NO NO ,
<br />including funding for
<br />
<br />community’s affordable
<br />
<br />
<br />housing trust
<br />YESYESYES
<br />REHABILITATE/RESTORE , YES , ,
<br />Means remodel, reconstruct or if acquired or created with CP if acquired or created with CP if acquired or created
<br />
<br />
<br />extraordinary repair (not maintenance) to fundsfundswith CP funds
<br />make property functional for their intended
<br />
<br />use,including improvements to comply
<br />with federal, state or local building or
<br />access codes or work to comply with U.S.
<br />Secretary of the Interior’s Standards for
<br />
<br />Rehabilitation (36 C.F.R. Part 68)
<br />Adapted from information provided by Massachusetts Department of Revenue, Division of Local Services
<br />
<br />
<br /> 6
<br />
<br />
<br />
|