Newburyport Open Space and Community Preservation

The Newburyport Current reports the city of Newbuyport recently approved $820,982 in community preservation funding for 19 projects around the city.  Included in that amount is $20,000 which will be taken from the $50,000 granted to the open space reserve fund, which will be used to complete a comprehensive update of the city’s Open Space and Recreation Plan, in accordance with state regulations and to fund local matching for a possible grant from the U.S. Dept. of Housing and Urban Development (HUD).

The grant funds can be used to revise master plans and city codes to promote sustainable development, with a particular focus on affordable housing, mixed-used development and redevelopment of old buildings. The Newburyport Affordable Housing Trust has already voted to allocate $40,000 towards the 20% match of $60,000. The balance in the Open Space Reserve Fund is $606,000.

Read the entire Newburyport Current article.