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Nahant Community Preservation Committee outlines application deadlines and projects roughly $430,000 available for grants
Summary
At a virtual meeting, Chair Lynn Spencer reviewed Nahant’s Community Preservation funding, projected revenues of about $530,000 with a 40% state match projection, reserves and bond obligations, and reminded applicants that an eligibility form is due Dec. 8 and full applications Jan. 30.
Chair Lynn Spencer opened the Nahant Community Preservation Committee meeting and reviewed the committee’s purposes and timeline for the coming grant cycle. "We are projecting approximately $530,000 worth of revenue," Spencer said, and noted the town’s 3% surcharge places Nahant in the highest match category. She said the committee is projecting a 40% state match for fiscal year 2027.
Spencer outlined existing obligations and reserves that reduce available funds: three bonds totaling about $218,000 and a general reserve of roughly $116,000, leaving the committee’s working estimate of available funds near $430,000. She also said a housing reserve balance stands at about $104,000. "There are three purposes for community preservation," she said, and reminded members that by policy 10% of available funding must be allocated to each of community housing, open space and recreation, and historic preservation.
The committee reiterated the two-step application schedule it will use this year: a short eligibility application due Dec. 8 and, for applicants found eligible, a full application due Jan. 30 to permit the committee to make recommendations in time for town meeting. Ellen Goldberg demonstrated the one‑page eligibility PDF and said the file is on the town website but that the link was not visible on the project‑submissions page; she said she would provide a direct link and that applicants may email the completed form to the committee.
Committee members clarified submission mechanics: applicants can type into the PDF and send it as an email attachment or, if they cannot edit the PDF, print, handwrite and scan the form. The committee also reviewed the eligibility chart showing allowable CPA uses—acquisition, creation, preservation and rehabilitation for open space, recreation and historic preservation, as well as community housing—and noted cultural programming such as music or art exhibits is not allowed under CPA funding.
Spencer encouraged applicants and reminded members that the committee must weigh current obligations, including a long‑term bond with anticipated annual payments, when considering multi‑year commitments. The committee accepted the minutes, heard additional project conversation and adjourned.
