Community Preservation and Development Authorities (CPDA) are entities formed to restore or enhance the health, safety, and economic well-being of communities adversely impacted by the construction of, or ongoing operation of, multiple major public facilities, public works, and capital projects with significant public funding or other land use decisions.
A CPDA must have one or more of the following purposes:
Among its other duties, a CPDA has a duty to develop a strategic preservation and development plan to restore and promote the health, safety, and economic well-being of the impacted community and to restore and preserve its cultural and historical identity. The CPDA must establish funding mechanisms to support projects and programs identified and supported in the strategic plan such as grants and loans.
The CPDA must be managed by a board of directors consisting of members who: (1) own businesses or reside in the community; (2) are involved in arts and entertainment in the community; (3) have knowledge of the community's culture and history; (4) are involved in a nonprofit or public planning organization directly serving the community; and (5) are representatives of local legislative authorities and serve as ex officio members.
No board member may hold office for more than four years. The terms for the board of director positions must be staggered as follows:
The formation of a CPDA must be authorized by statute. There are currently two CPDAs that have been authorized: Pioneer Square-International District CPDA and Central District CPDA.
The terms of the members of the boards of directors for CPDAs are modified as follows: