The Community Preservation Act was passed into law in 2000 and signed by Governor Paul Cellucci.  It enables communities around the state to create a local Community Preservation Fund for open space protection, historic preservation, affordable housing and outdoor recreation.  Money for the fund would come from a surcharge amounting to 1% of assessed property taxes.  Most importantly, the state contributes to local community funds with money they collect from every real estate transaction in the state.

 

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