Introducing the Community Preservation Act (CPA)
Workshop on CPA and Biomap2 for Worcester County Communities Leominster Library, October 9, 2013
Introducing the Community Preservation Act (CPA) Workshop on CPA and - - PowerPoint PPT Presentation
Introducing the Community Preservation Act (CPA) Workshop on CPA and Biomap2 for Worcester County Communities Leominster Library, October 9, 2013 About the Community Preservation Coalition And Community Preservation Committees from Acton
Introducing the Community Preservation Act (CPA)
Workshop on CPA and Biomap2 for Worcester County Communities Leominster Library, October 9, 2013
About the Community Preservation Coalition
Acton Acushnet Agawam Amherst Aquinnah Ashland Ayer Barnstable Becket Bedford Belchertown Belmont Beverly Bourne Boxford Braintree Brewster Bridgewater Cambridge Canton Carlisle Carver Chatham Chelmsford Chilmark Cohasset Concord Conway Dartmouth Deerfield Dennis Dighton Dracut Dunstable East Longmeadow Eastham Easthampton Easton Edgartown Fairhaven Fall River Falmouth Georgetown Gloucester Goshen Grafton Granville Great Barrington Groton Groveland Hadley Hamilton Hampden Hanover Hanson Harvard Harwich Hatfield Hingham Holliston Hopkinton Hubbardston Hudson Kingston Lenox Leverett Lexington Lincoln Littleton Longmeadow Manchester Marion Marshfield Mashpee Mattapoisett Maynard Medway Mendon Middleborough Middleton Millis Monson Nahant Nantucket Needham Newburyport Newton Norfolk North Andover Northampton Northborough Northfield Norwell Oak Bluffs Orleans Pembroke Pelham Phillipston Plympton Provincetown Quincy Randolph Rehoboth Rockport Rowley Royalston Salem Sandwich Scituate Seekonk Sharon Shutesbury Somerset Somerville Southampton Southborough Southwick Stockbridge Stoughton Stow Sturbridge Sudbury Sunderland Swansea Templeton Truro Tyngsborough Upton Waltham Wareham Wayland Wellesley Wellfleet Wenham West Boylston West Bridgewater West Newbury West Springfield West Tisbury Westfield Westford Weston Westport Weymouth Whately Wilbraham Williamstown Yarmouth
And Community Preservation Committees from…
Coalition Services
www.communitypreservation.org
What is CPA?
The Community Preservation Act is state enabling legislation passed in 2000 Adopted by individual communities at a local ballot election
….enables Massachusetts cities and towns to create a local dedicated fund for….
What is CPA? Open Space Historic Preservation Community Housing Outdoor Recreation
CPA in 2013: 155 communities
44% of the state
Recent CPA Ballot Activity
(November 2012)
CPA Adopted by All Types of Communities
CPA Funds at Work
CPA - Many Types of Projects
CPA by the Numbers through 2013
HISTORIC PRESERVATION: 3,300 appropriations made OPEN SPACE: 19,700 acres preserved OUTDOOR RECREATION: 1,000 projects funded AFFORDABLE HOUSING: 7,800 units created or supported
OVERALL: 6,600+ projects approved & $1.2 billion raised
Basics of CPA
Adopting communities establish a dedicated local fund for: Historic Preservation Open Space & Recreation Community Housing
Communities vote to establish a CPA surcharge of no higher than 3% on local property taxes…
Basics of CPA – CPA Revenue Sources
…and then receive annual matching funds from the state
Not necessarily a permanent commitment
least 5 years
any time
percentage or the exemptions can be made at any time
Amending or Repealing the CPA
Required representation from:
Community Preservation Committee (CPC)
City Ordinance or Town Bylaw establishes a CPC
members
CPC Functions
CPA Annual Fund Distribution Requirements
Potential Uses of CPA Funds
REHABILITATE CPA and Historic Preservation
PRESERVE RESTORE ACQUIRE ADAPT FOR REUSE
Restoration of historic municipal buildings
CPA and Historic Preservation
CPA and Historic Preservation
Adaptive Reuse
Grants to non-profit community groups (typically with a preservation easement)
CPA and Historic Preservation
Historic City/Town Documents
CPA and Historic Preservation
CPA and Open Space PRESERVE (REHABILITATE) ACQUIRE CREATE
Protecting Agricultural Land
CPA and Land Protection
Protecting Vulnerable Land
CPA and Land Protection
Protecting Drinking Water Supplies
CPA and Land Protection
CPA and Recreation CREATE REHABILITATE ACQUIRE
PRESERVE
Playgrounds
CPA and Recreation
Athletic Fields
CPA and Recreation
Hiking and Biking Trails
CPA and Recreation
Parks
CPA and Recreation
Community Gardens
CPA and Recreation
CPA and Affordable Housing REHABILITATE CREATE PRESERVE ACQUIRE SUPPORT
Partnership • Sustainable Development
CPA and Affordable Housing
Differs from 40B in that: For families & individuals earning up to 100% of area median income:
approval required
(Leominster and Fitchburg)
Housing for Veterans
CPA and Affordable Housing
Conversion of Existing Buildings
CPA and Affordable Housing
Meeting Specialized Needs
CPA and Affordable Housing
Community Involvement and Non-profit Partnerships
CPA and Affordable Housing
LEED Certification and Sustainable Development
CPA and Affordable Housing
Costs and Benefits of CPA
What would CPA cost
the average homeowner in this area?
Communities can choose from a menu of CPA exemptions… It depends partly upon the exemptions your city/town adopts ….
First $100,000 of residential property value New: First $100,000 of commercial & industrial property value Low income families; low/moderate income seniors Full commercial and industrial exemption (with split tax rate only)
Menu of CPA Exemptions
*Note: Any existing property tax exemptions apply to the CPA surcharge
What about Residents with Low or Fixed Incomes?
FY13 income limits to qualify for exemption to CPA surcharge in Leominster and Fitchburg
Avg Assessed Home Value With $100,000 exemption Net House Value Surcharged Municipal Tax Rate (per $1000) Amount Subject to Surcharge CPA Surcharge Rate Amount paid toward CPA Fund The average Leominster homeowner would pay $19 into the local Community Preservation fund annually.
What would the average local homeowner pay with a 1% CPA surcharge?
$209,968 $100,000 $109,968 $17.96 $1,975 1% $19 x x (Based on FY2013 tax data for Leominster)
The Statewide CPA Trust Fund
Trust Fund
Registries of Deeds
surplus for 2013… and beyond?
How Much Can Communities Expect to Receive from the State CPA Trust Fund?
Annual match has ranged from 26%- 100% of local CPA revenues Communities with 3% CPA surcharges get more $$$ each year!! Another route to 3%: ‘Blended’ CPA
(Assumes Leominster adopts the exemption for the first $100,000 of residential property value)
Estimated Annual Leominster CPA Revenues (FY13)
Overall Benefits of CPA: Leveraging
Town Project CPA $ Other $ Peabody Rail-trail $162,000 $1.36 million federal grant West Bridgewater Anderson Farm $400,000 $1.23 million state and federal grants Easthampton Restore Town Hall $50,000 $50,000 from MHC Newton Elderly housing $850,000 $3.167 million from HUD Grafton Hassanamesitt Village – open space/historic preservation $250,000 $1.85 million from state, federal and private sources Hampden 166 acres open space $100,000 $400,000 from state and private sources
Overall Benefits of CPA
Questions?
For more information: www.communitypreservation.org 617-367-8998