Community Preservation Committee outlines $72.48M investment history and 17 articles proposed for April town meeting
Loading...
Summary
Sandy Cooney, chair of Falmouth’s Community Preservation Committee, reported the CPC has funded projects totaling about $72.48 million since 2005, summarized recent and proposed projects and said the committee will forward 17 CPA-related articles for the April 2025 town meeting, including a $1.5 million request for the Affordable Housing Fund.
At the Select Board meeting on Dec. 2, Sandy Cooney, chair of the Community Preservation Committee (CPC), delivered the CPC’s annual report and previewed the committee’s slate for upcoming town meeting articles.
Cooney outlined how the CPA surcharge has been used since its enactment and provided summary figures: she said the committee has appropriated more than $52,000,600 and that CPA distributions totaled more than $19,000,700 for a cumulative figure the presentation cited as $72,480,000 in funded projects since 2005. The presentation showed how funds have been distributed among land-bank debt, community housing, open space and recreation, and administrative costs.
Cooney reviewed projects funded this year and noted the committee has already interviewed applicants for 15 forthcoming proposals and will present a total of 17 CPC articles for April 2025 town meeting. She said one of those proposals is a $1.5 million request for the Falmouth Affordable Housing Fund pending Town Meeting approval.
Board members asked about deed restrictions and ongoing monitoring for historic properties and suggested the CPC coordinate with the town’s building-condition assessment work to avoid emergent repair costs. Cooney said the CPC uses a historic consultant and vetting process to ensure eligibility and that staff will have recommendations ready for the Select Board in January.
Cooney closed by noting November round awards and next steps for April town meeting, and the board thanked the committee for its work.
