FOR IMMEDIATE RELEASE: November 8, 2016
Contact: Kate Norton, 617-838-6083, firstname.lastname@example.org
Statement from YES for a Better Boston campaign
BOSTON – The YES Better Boston campaign released the following statement in reaction to tonight’s election results:
“We are thrilled that Boston voters have voted yes for this opportunity to fund affordable housing, parks and open space, and historic preservation for our City. We’re grateful for the leadership of Mayor Walsh, Councilors Flaherty and Campbell, and elected officials across Boston who endorsed this mission.
“This Coalition has grown to an impressive and committed group of organizations and individuals, to faith leaders and religious organizations, to labor unions, to community activists and civic organizations, to small businesses, to Ward Committees and elected officials. This broad-based support was reflective of Boston’s make-up and geography, and it is our intent to stay together following this election to advocate for equitable distribution of these vital funds.
“We look forward to the next steps in this process and making a renewed investment in our neighborhoods through the Community Preservation Act.”
This effort was endorsed by over 170 individuals and organizations: http://www.yesbetterboston.com/endorsements/.
ABOUT YES ON 5
The YES for a Better Boston campaign comprises a broad range of community-based organizations, unions, business leaders, faith leaders and others, united together to encourage Boston to vote yes in November for a special opportunity to fund historic preservation and park projects, while creating much-needed affordable homes for families, seniors and veterans, and producing jobs.
CPA is designed to help Massachusetts cities and towns create affordable housing, preserve open space and develop outdoor recreational opportunities, and rehabilitate historic sites. CPA funds are generated by a small surcharge on local property tax bills matched by a statewide trust fund to maximize their impact. The YES for a Better Boston Committee recommends a 1% property tax surcharge, with exemptions for low-income homeowners, low-and-moderate-income senior homeowners, and for the first $100,000 of residential and business’ property value. The typical Boston homeowner whose home is assessed at $500,000 would pay approximately $24 per year towards this investment, and in turn, the City would generate $20 million or more every year for CPA projects. These new dedicated funds would allow Boston to:
- Develop and improve parks, playgrounds, trails, and gardens
- Acquire land to protect water quality and reduce climate change impacts
- Create thousands of new, affordable homes for seniors, families, and veterans
- Restore and preserve historic buildings, and rehabilitate underutilized resources