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Proposed state bill would sharply raise income limits and shift CPA reserve rules, Tisbury CPC warned
Summary
Committee members described three proposed changes to CPA rules — a jump to 250% of median income for community housing limits, raising affordable-housing reserve minimums to 30%, and permitting historic/open-space funds to be reallocated — and said the measures could weaken local flexibility.
Chairman Paul Munafo summarized portions of proposed 'Seasonal Community' legislation that Stuart Saginor of the Community Preservation Coalition asked the Tisbury CPC to review and discuss with Sen. Julian Cyr. Munafo said one section would raise the community‑housing income limit to 250% of annual median income — an example cited in the meeting translated that to about $383,250 for a family of four, compared with the current 100% level of $153,300.
Committee members also described a proposal to raise required reserve fund balances for the affordable‑housing category from the current 10% to 30%, and a third proposal that would allow historic and open‑space reserve funds to be reallocated for housing and add new categories for water and wastewater infrastructure. Members expressed concern that these changes would reduce local flexibility, potentially pit CPA categories against one another, and shift money away from longstanding community priorities.
