Great news for CPA communities! On July 31, 2019, Governor Baker officially signed the FY20 state budget providing a permanent increase to the CPA Trust Fund. Beginning in 2020, the increased recording fees at the Registries of Deeds are expected to raise an estimated $36 million in additional revenue for CPA communities each year. The budget also includes language that would provide up to $20 million in budget surplus funds (if available) for the November 2019 CPA Trust Fund distribution. https://www.communitypreservation.org/home/news/governor-baker-signs-fy20-budget-cpa-funding-increase?fbclid=IwAR2AkBe5TNNrZKMb1r4SnZtATMdafbnLpzSDmQnbPNO0hYXpXJY2fsnyG1c
The Community Preservation Committee, the City of Medford, and the Medford Community…Preserving Medford together!