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Rockport Applicants Looking to Receive Community Preservation Money

2.28.11

The Rockport Library is one of seven groups that applied for Community Preservation funding
The Gloucester Times recently reported that seven applicants have submitted proposals to receive money from the Rockport Community Preservation fund which contains roughly $828,000 for 2011.  Of the seven applicants four are asking for help to finance affordable housing projects.

The community preservation fund can only be used for historic preservation, open space, recreation, and affordable housing. The Community Preservation Act, which was adopted by Rockport voters in 2003, accrues money through local property tax surcharge revenue as well as a 38 percent match from the state, 

Three of the companies asking for funding towards affordable housing and assistance are the Supportive Living Inc. (asking for $275,000), the Rockport Housing Partnership ($285,000), and Action Inc. ($100,000). The Cape Ann Home Ownership Center is asking for $5,934 to provide local residents with foreclosure prevention assistance. Other applicants include the Rockport Public Library ($63,000), which is looking for funding for external renovations and internal repairs from water damage, and the caretakers of the Alvin S. Brown Scout Hall ($48,000).

Read the entire Gloucester Times article.

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