Staff Contact
Overview
On November 2, 2010, Belmont voted to adopt the Community Preservation Act (CPA). The CPA provides a funding source for Open Space (including outdoor Recreational Land), Community Housing, and Historic Resources.
Belmont raises money for its Community Preservation Fund by imposing a 1.5% surcharge on local real estate taxes. Belmont collects close to $1 million/year from the property tax surcharge. Additionally, each year the state distributes limited matching funds to the towns that have passed the CPA. These funds are collected from existing fees on real estate transactions at the Registry of Deeds.
Meet Belmont Podcast overview of Community Preservation Committee
Process
The Community Preservation Committee (CPC) recommends projects to Town Meeting regarding the appropriation of CPA funds. Preliminary Applications for CPA funds are generally available in the summer and due in September/October. Final Applications are generally due in late November. Sponsors of projects are encouraged to speak or meet with the CPC committee ahead of these deadlines. Further information is available in Belmont's Community Preservation Plan (PDF).