The Community Preservation Act (Massachusetts General Laws chapter 44b, or "CPA") allows local communities to adopt a surcharge on property taxes and receive state matching funds for affordable housing, historic resources, open space and recreation land. The citizens of Malden adopted the CPA in November 2015, with a 1% local surcharge.
The Act also specifies the types of work or activities that may be funded for each resource, to ensure that "community preservation funds (do) not replace existing operating funds, only augment them." For example, the CPA may not be used to fund routine maintenance.
Due to delays caused by Covid-19, re-organization and re-staffing of the Malden CPC, we will not be taking any new Applications for FY2021 funding unless the CPC is currently in possession of the Applicant's FY2021 Pre-App, Applicant had previously received a “Denied with Invitation to Re-Apply” letter from CPC or Applicant has an exigent circumstance project which is directly related to a Covid-19 and can be initiated within 60 days.