Empowering Communities, Advocating Solutions.
Community Preservation Funds
Hudson River Valley
Photo: Mark Helms/Milewalker Studio
A Community Preservation Fund (CPF) is a dedicated perpetual environmental fund that can be used to preserve open space, protect drinking water and surface water quality, and to create community parks. A CPF allows towns to apply for matching funds from the state, county, and federal governments to purchase areas of significant value to the town. It also requires an advisory committee to oversee the purchases. There have been 5 laws enacted by the New York State Legislature, allowing only 6% of New Yorkers to have a CPF. Citizens need to demand that their community should have the right to create a Community Preservation Fund!
BENEFITS OF A CPF:
HOW DOES A CPF WORK?
A CPF facilitates a completely voluntary program whereby landowners can sell their land or development rights from their land to the town at fair market value. It is funded by a one-time real estate transfer fee up to 2% that will only affect the buyers of houses over the median housing cost for each town. For example, if a new resident buys a house for $275,000 in a town with the median housing value of $250,000, then the new homeowner would pay $500 to their new town's CPF. This fee does not affect those who already reside in the town. You have already been paying taxes for years!
Early
Community Preservation Fund Success!
Some towns in New York have already created a successful
Community Preservation Fund. For instance, the Town
of Southampton created a CPF in April of 1999. Since
its inception it has generated over $78 million and
has protected 1,500 acres of land throughout the town.
The original CPF had a sunset date for December 2010,
but residents overwhelmingly voted on a proposal to
extend the CPF another 10 years!
How you can help!
Contact your public officials.
Letter writing tips:
1. Write to your state senators and assembly members. Tell them that your community has a right to consider creating a Community Preservation Fund to preserve open space, protect drinking water and surface water quality, and to create community parks.
Suggestions:
Use the following links to look up the names of your legislators:
New York State Senate (click "Senators" button on main page)
New York State Assembly
2. Call or write to the members of your Town Board or Council, including the Town Supervisor. Tell your local officials that preserving open space and community character is important to you. Educate them about the benefits of establishing a community preservation fund! Ask your officials to put this issue on the agenda and bring it to a vote!
Suggestions:
Please send a copy of any response you receive to CCE’s Farmingdale office - it helps us track progress on the issue. Thanks!
For more information, please contact CCE’s Farmingdale office at (516) 390-7150.
Updated by epepper 6/8/09