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• Lay out the specific framework the CPC will use in formulating its recommendations, <br />both for the guidance of applicants and the understanding of Town Meeting. <br />Goals <br />Lexington's committees and commissions have a long-standing history of carefully assessing <br />Town needs and goals in light of the shared values of its residents. The Lexington <br />Comprehensive Plan, the Open Space and Recreational Plan, and the Town's Consolidated <br />Housing Strategy and Plan were created in this spirit. (For a complete list of Plans, <br />Documents and Studies that are used as CPC sources, see Appendix A). The CPC expects <br />that the CPA will become a resource for carrying out the thoughtful community preservation <br />recommendations 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 <br />goals, the CPC has articulated a set of guidelines that apply to projects generally. The CPC <br />will use these guidelines in its review and decision-making process. They are intended to <br />provide additional guidance to those preparing applications for funding. Not all guidelines <br />will be appropriate for every project. <br />Decision -Making Guidelines <br />The CPC will only consider proposals that are eligible for CPA funding according to <br />the terms of the 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 <br />resources; <br />• The acquisition, creation, preservation and support of community housing <br />(including the creation of a housing trust for the purpose of preserving or <br />expanding the affordable housing supply; support in the form of rental <br />assistance, security deposit assistance, interest rate write-downs or other <br />financial assistance for persons who qualify for community housing); <br />• The acquisition, creation, preservation and rehabilitation and/or restoration of <br />land for recreational use; and <br />• The rehabilitation and restoration of open space and community housing that <br />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, specifically those which: <br />• Are consistent with current planning documents adopted by the Town; <br />• Preserve the essential character of the Town as described in the <br />Comprehensive Plan; <br />4 <br />