Easthampton Mayor Nicole LaChapelle joined mayors from around the state are pushing for the modernization of the Community Preservation Fund.
CPA projects are funded through locally raised money and the funding is matched through the CPA trust fund.
The fund began almost 20-years ago and the match funding has decreased from 100 percent to an estimated 11 percent. Mayors across the Commonwealth are advocating for a modernized fund so cities can continue to provide affordable housing, rental units and homeownership incentives in their community.
The mayor of Easthampton told 22News new housing can’t be built in Easthampton without this funding, “Community Preservation Act money has helped with the boardwalk, it helped us buy 11 acres near Mt. Tom, this affordable housing–we use CPA funds to make that happen.”
The House Ways and Means Committee released its plan for the 20-20 budget- which includes a plan to add money to CPA funds.