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MA Application For Community Preservation Funding - City Of Quincy 2023
Get MA Application For Community Preservation Funding - City Of Quincy 2023-2024
Thank you for your interest in QUINCYS COMMUNITY PRESERVATION ACT. We hope this document will provide a helpful overview of the application process. THE COMMUNITY PRESERVATION ACT (CPA) is a state.
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Communitypreservation FAQ
The CPA allows communities to create a local Community Preservation Fund to raise money through a surcharge of up to 3% of the real estate tax levy on real property for open space protection, historic preservation and the provision of affordable housing.
The owners of residential and commercial property pay the Community Preservation Act (CPA) surcharge. How is the Community Preservation Act (CPA) surcharge calculated? For residential property owners, the surcharge is calculated as 1.5% of the product of the net assessed property value and the tax rate.
The owners of residential and commercial property pay the Community Preservation Act (CPA) surcharge. How is the Community Preservation Act (CPA) surcharge calculated? For residential property owners, the surcharge is calculated as 1.5% of the product of the net assessed property value and the tax rate.
The CPA allows communities to create a local Community Preservation Fund to raise money through a surcharge of up to 3% of the real estate tax levy on real property for open space protection, historic preservation and the provision of affordable housing.
The Community Preservation Act was passed in 2000 to help communities empower themselves to raise a dedicated revenue source for the purposes of open space preservation, historic preservation, affordable housing and recreation.
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