Massachusetts Will Decrease Matching Funds for Open Space

“State Will Decrease Matching Funds Open Space Funds”
The Stoughton Journal, July 10, 2008
By Christine Steele

Christine Steele reports that Massachusetts will decrease state Community Preservation Act matching funds to local communities starting with fiscal year 2009, which began this month. The decrease in matching funding was forecast a year ago and a further decrease is predicted for 2010. The Community Preservation Act seeks to preserve open space, historic buildings and create affordable housing for communities by allowing them to levy a 1% to 3% surcharge on property taxes.