CPA Funding Being Awarded to 17 New Bedford Projects
NEW BEDFORD - The City of New Bedford’s Community Preservation Committee (CPC) has selected a total of 17 projects for funding out of the 28 proposal submitted under their first selection process, which will be funded in Fiscal Year 2019.
Projects in all six wards of New Bedford were selected for FY 2019 funding, in three categories that Community Preservation Act funds can be applied to: open space, historic preservation, and recreation.
Under open space, the CPC selected:
- Acushnet Sawmill New Bedford expansion and community garden.
Under historic preservation, the CPC selected the following projects:
- Schooner Ernestina Morrissey rehabilitation
- Veterans Transitional Housing expansion at 1060 Pleasant Street
- Seamen’s Bethel continued restoration
- First Baptist Community Theatre
- Sgt. William H. Carney House restoration
- Rotch-Jones-Duff House restoration
- 305-307 Pleasant Street foreclosure restoration
- Strand Theatre restoration as Cape Verdean Cultural Center
- Zeiterion Theatre Marquee project
- James Arnold Mansion restoration
Under recreation, the CPC selected the following projects:
- Hazelwood Park rehabilitation
- Abolition Row Park
- Buttonwood Diamond 1 field lighting
- Dias Field rehabilitation
- Brooklawn Basketball Court upgrades
- Buttonwood Brook trail and bridges project
“The Community Preservation Committee received 28 applications totaling $3.6 million from every ward within New Bedford. All the applications deserved funding, but with a budget of $2.6 million, the Committee recommended projects with the greatest potential to make New Bedford a place for all citizens to enjoy, with excellent open spaces, historic character, and recreational opportunities,” said Janine da Silva, Chair of the CPC. “The Committee looks forward to seeing the results in the community.”
The projects were selected by the Community Preservation Committee and will go before the City Council for appropriation.
About the Community Preservation Act in Massachusetts
The Community Preservation Act (CPA) is a Massachusetts state law (MGL Ch. 44B) designed to help Massachusetts towns and cities plan for sustainable growth and provide funds to achieve their community preservation goals. CPA allows participating cities and towns to adopt a real estate tax surcharge of up to 3% to raise funds and create a local dedicated fund for preserving open space and historic resources and expanding community housing and outdoor recreational activities. The CPA stipulates that decisions regarding the allocation of CPA funds in cities and towns that adopt the initiative are to be made by a local community preservation committee (CPC) whose task is to receive and review applications and to make recommendations to the City Council, which in turn makes the final allocations.
In addition to the community tax surcharge, the state provides matching funds that are not less than 5% and not more than 100% of the funds raised by the community. The actual percentage varies from year-to-year dependent on the health of the state’s Community Preservation Trust Fund, which is funded by a surcharge on Registry of Deeds transactions.
About the Community Preservation Act in New Bedford
New Bedford voters adopted the CPA program through a ballot question in November 2014. New Bedford elected to fund the CPA account through a 1.5% surcharge on annual tax assessments and established a Community Preservation Committee in 2016. The city began collecting surcharge revenue on the 2016 tax bills and will continue collection on a quarterly basis. There are two surcharge exemptions available:
· The first $100,000 of taxable value of residential and commercial properties.
· Residential property owned and occupied by any person who qualifies for low income housing or low to moderate income senior housing.