CPA Forum at Tierney Center
by Rick Winterson First, a brief backstory: “CPA” stands for “Community Preservation Act”, an act that the Massachusetts state legislature passed in 2000, seventeen years ago. Brief ly stated, this involved levying a 2% surcharge on existing property taxes, which would then be earmarked for funding preservation projects. “Community Preservation” was loosely defined; it included three general types of project – 1.- Historic, 2.- Parks & Open Space, and 3.- Affordable Housing. In the following year, 2001, the CPA’s 2% levy failed to pass in Boston. Fifteen years later in 2016, with the CPA surcharge being cut in half to 1%, the preservation levy passed, garnering an impressive 74% of the vote. As of now, Boston’s surcharge generated $20 million ($20,000,000) in preservation funds for [...]