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Lakeville committee seeks guidance on using CPA funds for private developments and preserving affordable units
Summary
Committee members debated how CPA funds can be used to preserve community housing, whether funds may support private 40B developments, and whether the town should pursue planners or legal help to extend affordability of existing units.
The Town of Lakeville Community Preservation Committee discussed preserving affordable housing and whether CPA funds could be used to support private developments, including potential 40B projects.
Committee members said preserving existing affordable units and extending affordability periods is an emerging priority as some locally counted affordable units approach the end of their affordability term. The coalition’s guidance was cited repeatedly as the group debated whether CPA funds can be used to create or extend…
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