FY27 CPA Process
The FY2027 Community Preservation Act (CPA) funding cycle will begin soon. CPA funds can be used for affordable housing, open space, and historic preservation projects.
The FY27 cycle timeline:
- CPA Committee Organizing Meeting - June 3, 2026
- Deadline for Letters of Interest from community organizations - July 10, 2026 (tentative)
- Public Hearings on FY26 projects (July/August 2026)
- Public Hearing on Allocation of Funding between Affordable Housing, Open Space, and Historic Preservation (July/August 2026)
- CPA Committee Vote Meeting (August/September 2026)
Starting in the FY2026 cycle, project proposals were submitted as Letters of Interest. A sample of the FY26 letter of interest can be viewed for reference. An updated version will be made available for the FY27 cycle.
CPA Background
The Community Preservation Act (CPA) was created by state law (G.L. c. 44B) to help cities and towns preserve the character of their community. In 2001, Cambridge residents voted to adopt the CPA locally, which allowed the City to implement a 3% surcharge on Property Tax bills to fund eligible projects.
The Commonwealth of Massachusetts provides "matching" funds in addition to those raised locally by the surcharge. The percentage of the state match varies from year to year, depending on two factors: the amount of fees paid at Registries of Deeds throughout the state, and the number of communities that have adopted the CPA locally (thereby receiving a share of the state match).
Each year, the City is required to spend at least 10% of its annual CPA revenues on each category - open space, historic preservation and community housing. The remaining percentage can be used towards any of the three funding categories.
Through FY26, the City has appropriated/reserved a total of $323.8 million for CPA projects, including $250.5 million for affordable housing initiatives. To date, the City has allocated $72.5 million in state matching funds, $109.2 million from local surcharges, and $45.5 million from the CPA Fund Balance.