Town Board members discussed a proposal that would provide affordable housing assistance in the five East End towns through money raised from the Community Preservation Fund. READ
Tag: Community Preservation Fund
New legislation introduced by Assemblyman Fred Thiele (I-Sag Harbor) could allow the five East End towns to establish a Town Community Housing Fund.
If created, the fund could be used to provide financial assistance to first-time homebuyers, create opportunities for owning and rental housing, rehabilitating existing buildings for community housing, counseling and education impact payment to local school districts under the proposed legislation. READ
As Southold Town uses its Community Preservation Fund to buy land and development rights for open space, some people are asking why that money can’t also be spent on a $1,000 annual bonus for those who own historic houses.
Only 17 properties in Southold Town would currently qualify for an exemption to the 2-percent land transfer tax that funds the Community Preservation Fund, according to an analysis done for the town by assistant town attorney Damon Hagan. The exemption was passed in 2014 for first-time homebuyers to help low and moderate-income residents purchase their first home. READ
Hours before President-elect Donald Trump delivered his acceptance speech Tuesday night — and prior to polls closing in states he won like Alaska, Montana and Idaho — the victory party was on at the Emporium in Patchogue.
After deciding between Trump and Clinton, remember to flip the ballot on Election Day. READ
While much of Suffolk County abandoned its agricultural heritage in the 20th century, portions of the North Fork’s two towns still serve as reminders of that way of life. READ
Due to a recent state law that allows towns to spend some of their Community Preservation Fund money on water quality projects, the Southold Town Board is preparing to post a referendum this year to alter a plan for what to do with the money — a plan that is required by the state. READ
The Community Preservation Fund, which has been used to protect over 10,000 acres of land on the East End since it was signed into law in 1999, will now expand to protect water as well — pending voter approval. READ
Who knew that the program that has become integral to saving eastern Long Island from the sprawl that has overtaken much of the western portion of the island — the Peconic Bay Community Preservation Fund (CPF) — has its origin in a program created on Nantucket by a native Long Islander? READ