Select Board hears nonbinding resolution urging regular CPA support for housing trust

Sep 16, 2026

A presenter urged a nonbinding statement of intent that would direct a portion of CPA funds annually toward the Affordable Housing Trust to build up an unencumbered balance for large projects; board members welcomed discussion but cautioned about prescribing CPA allocations.

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The board received a presentation on a nonbinding resolution (Article 17) urging the Community Preservation Act (CPA) process to include a steady, non‑project specific contribution to the Affordable Housing Trust (AHT) to build up an unencumbered balance for major projects. The presenter summarized the policy rationale and cited Walnut High Phase 2 as an example of a large upcoming need that would benefit from multiyear capital accumulation. "We think that the the policy should in include CPA, intended annual contributions to do this," the presenter said while describing a draft approach to coordinating funding.

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