Community Preservation Act - Applications for Funding
December 4, 2014 Deadline
The Provincetown Community Preservation Committee is seeking funding proposals for projects that meet Community Preservation Fund goals. The Deadline for Proposals is Thursday, December 4, 2014 by 4:00 pm for consideration at the April 2015 Town Meeting.
The CPA mandates that each fiscal year Provincetown must spend, or set aside for later spending, at least 10% of the annual revenues in the Town of Provincetown Community Preservation Fund for each of the three CPA target areas: community housing, open space/recreation, and historic preservation. Recent legislation now allows capital improvements for existing outdoor recreation facilities as an eligible category. As revised in April 2014, the Town of Provincetown has adopted a bylaw that further directs that 60% of CPA funds target community housing with 10% for historic preservation and 10% for open space/recreation with the 0r0emaining 20% of CPA funds be undesignated and available for any category including administration. Given the projected debt service for already approved projects, that debt service must be deducted from receipts first, and that we anticipate limited state matching funds, the Community Preservation Committee anticipates granting a maximum of approximately $500,000 in total new grants for FY 2016 for all categories.
To read the Town of Provincetown Community Preservation Plan and Application for Funding, go to the Town's website www.provincetown-ma.gov. Copies of the Plan and applications are also available in the Selectmen/Town Manager’s Office, Provincetown Town Hall, 260 Commercial Street, Provincetown, MA 02657. Completed proposals must be submitted to that office by Thursday, December 4, 2014 by 4:00 pm. For further information, contact Housing Specialist Michelle Jarusiewicz, at 508-487-7087, or