Westchester, Putnam Counties Get New Open Space Tool

The New York State Legislature passed the Hudson Valley Community Preservation Act (HVCPA), which authorizes towns and cities in Westchester and Putnam counties to establish community preservation funds through the imposition of a small real estate transfer fee, of up to two percent, on the portion of the sale price over the municipality’s median price. The local tax must be approved by voters through a referendum. The legislation originally included Orange and Rockland counties but these counties were written out of the legislation late in the session. The legislation can be amended in next year’s session to include these counties and others if there is enough support. The Trail Conference and ADK strongly advocated for this legislation. The lower Hudson Valley has been particularly affected by rapid growth and development. This legislation will allow the voters in these communities to decide their future direction themselves.

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