About Community Preservation
The Community Preservation Act (CPA) helps cities and towns create affordable housing, develop outdoor recreational facilities, and preserve open space and historic sites. CPA allows communities to invest in local projects and helps both state and local economies by creating construction jobs and driving tourism through preservation of our historic and natural resources.
Viability at Risk
CPA funds projects through locally raised money and a match from the statewide CPA Trust Fund. In the past, communities could count on a 100% match for the local money they raise.
But the funding mechanism hasn’t been updated since 2000, putting this program at risk. Today, the CPA Trust Fund can only provide provide 11 pennies for every dollar raised locally for CPA projects.