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Council approves $19.7 million in local Community Preservation Act allocations for FY26

5778630 · September 15, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Cambridge City Council approved fiscal 2026 allocations from the Community Preservation Act local fund and state match, directing 80% to affordable housing and 10% each to historic preservation and open space.

The Cambridge City Council on Sept. 15 approved fiscal-year 2026 Community Preservation Act (CPA) allocations totaling $19.7 million in local funds and $2.8 million in state matching funds, directing the bulk of local revenue to affordable housing.

The council adopted the administration'recommended split of CPA local revenues: 80% ($15,760,000) to the Cambridge Affordable Housing Trust, 10% ($1,970,000) to historic preservation projects and 10% ($1,970,000) to open-space projects. The council also adopted the distribution of $2,800,000 in state matching funds along the same…

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