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10 wv of Masl�l_qeo <br /> an m <br /> Oil <br /> MEMORA-NDUM" <br /> TOO <br /> Andrew R. Gottlieb, Chair <br /> Com, munl*ty Preservation Committee <br /> FROM: Mai-y E. Waygan, Chair" <br /> Planning Board <br /> RE Community Preservation Funds <br /> CC,-# Planning Board <br /> a <br /> rl"esti you for your September 25, 2018 memorandum regarding the Community <br /> Presei-vat s.F-Lm , and the potential ease and demand for the funds 'in the next 3-1 <br /> y rs o, At the ir regular in ct nn October 17, 2018)the Planning Board members <br /> identified the following potential projects, <br /> e <br /> The costs are estimates .sed on the state's Commun tyreser ation Coalition's <br /> database of completed pr("ect , Town d e o ' riecords, and general industry prichig. <br /> OPEN SPACE* <br /> The Town's Action Pan for Open Space Corse at o attached here) calls dor the p <br /> preservation of multiples parcels, either through ac quisrR on,or transfer, While some o <br /> these actions have been c �np ete ,tears are any which remain to-do. Dp n . ng on <br /> buildability, a budget o $35,0004100,000 per aces should be set as .de. <br /> *_ <br /> 'COMMIJNI <br /> Per the 1 Census shp year <br /> as 6,473 year-round housing g un ts: 5.2% are deed <br /> esti eted Affordable, To reach the "oven's J % goal over 3 00 add"tional Affordable <br /> units will need to be brought on 1 e. Figuring the Town would subsidize half ofthese `. <br /> units (15 0 units) with a subsidy of$50, 00 - $100,000 per un t,the gross estate to <br /> east this need with Community Pee at n Funds "is $7,500,000 t $15,000,000 over <br /> the next tee year <br />