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Housing Strategy and Plan were created in this spirit. (For a complete list of Plans, Documents <br /> and Studies that are used as CPC sources, see Appendix I). The CPC expects that the CPA will <br /> become a resource for carrying out the thoughtful community preservation recommendations <br /> contained in these studies. <br /> Subsequent sections of this Assessment discuss community goals and projects specific to <br /> preservation within each of the four designated purposes of the CPA. In addition to these goals, <br /> the CPC has articulated a set of guidelines that apply to projects generally. The CPC will use <br /> these guidelines in its review and decision-making process. They are intended to provide <br /> additional guidance to those preparing applications for funding. Not all guidelines will be <br /> appropriate for every project. <br /> Decision-Making Guidelines <br /> The Lexington Community Preservation Committee will only consider proposals that are <br /> eligible for Community Preservation Act (CPA) funding according to the terms of the <br /> statute (M.G.L. c.44B), specifically,proposals for: <br /> • The acquisition, creation, and preservation of open space; <br /> • The acquisition,preservation, rehabilitation, and restoration of historic resources; <br /> • The creation,preservation, and support of community housing (including the <br /> possibility of creating a housing trust for the purpose of preserving or expanding <br /> the affordable housing supply); <br /> • The acquisition, creation, and preservation of land for recreational use; and <br /> • The rehabilitation and restoration of open space, land for recreational use, and <br /> community housing that has been acquired with CPA funds. <br /> Preference will be given to proposals which meet as many of the following general <br /> criteria as possible, and: <br /> • Are consistent with current planning documents adopted by the Town; <br /> • Preserve the essential character of the Town as described in the Comprehensive <br /> Plan; <br /> • Save resources that would otherwise be threatened; <br /> • Benefit a currently under-served population; <br /> • Serve more than one CPA purpose (for example, in linking open space, <br /> recreation and community housing, or the reuse of historic resources for <br /> community housing) or demonstrate why serving multiple needs is not feasible; <br /> • Demonstrate practicality and feasibility, and demonstrate that they can be <br /> implemented expeditiously and within budget; <br /> • Produce an advantageous cost/benefit value; <br /> • Leverage additional public and/or private funds; <br /> • Preserve or utilize currently owned Town assets; <br /> 3 <br />