– Allison Goldsberry
The first round of applications for Medford’s Community Preservation Fund is now open, according to an announcement from the city.
Voters approved the Community Preservation Act in 2015, which raises funds for open space protection, historic preservation, affordable housing and outdoor recreation purposes through a 1.5% assessment on local property taxes.
Up to $2.6M (from the first two years of revenues) will be available over two rounds of funding in 2018 for capital projects relating to open space and recreation, historic preservation, and affordable housing.
Applicants for projects requesting CPA funding must fall in one of three categories: a city of Medford department or division, an organization legally registered in Massachusetts, or an individual proposing a CPA eligible project on property they own themselves. Individuals or organizations that don’t fall into one of those categories must apply with a co-applicant that does.
An application packet and key dates are available on the city website.