Prince George's County Council - Reference No. CR-093-2024

• Reference No.: CR-093-2024
• Draft No.: 1
• Type: Resolution
• Status: Adopted
• Meeting Body: County Council
• Meeting Date: 11/12/2024
• Introduced Date: 10/1/2024
• Effective date: 11/12/2024
• Title: A RESOLUTION CONCERNING COMMUNITY HOUSING TRUST TASK FORCE for the purpose of creating a Community Housing Trust Task Force to focus on the actions needed to establish a Community Housing Trust in the County in order to create more affordable housing opportunities for County residents; providing for the membership of the Task Force; providing for certain research and policy recommendations and report; providing for the staffing of the Task Force; and generally regarding Community Housing Trusts.
• Proposers/Sponsors: Eric C. Olson, Jolene Ivey, Wala Blegay, Ingrid S. Watson, Calvin S. Hawkins, Sydney J. Harrison, Wanika Fisher, Krystal Oriadha, Thomas E. Dernoga, Edward P. Burroughs
• Contact: Kathy Canning, Legislative Attorney

Date	Ver.	Action By	Action	Result
11/12/2024	1	County Council	adopted	Pass
10/22/2024	1	Sitting as the Committee of the Whole
10/15/2024	1	Sitting as the Committee of the Whole	rescheduled to a later date
10/1/2024	1	County Council	introduced and referred

Title

A RESOLUTION CONCERNING COMMUNITY HOUSING TRUST TASK FORCE for the purpose of creating a Community Housing Trust Task Force to focus on the actions needed to establish a Community Housing Trust in the County in order to create more affordable housing opportunities for County residents; providing for the membership of the Task Force; providing for certain research and policy recommendations and report; providing for the staffing of the Task Force; and generally regarding Community Housing Trusts.

Background

The resolution establishes actions to create a Community Housing Trust which is a non-profit organization with a board that includes Community Housing Trust residents, community residents, and public representatives. The purpose of a Community Housing Trust is to establish long-lasting affordability with shared equity and through affordable homeownership. Community Housing Trusts create and preserve homes that remain affordable and homeownership opportunities for people who cannot otherwise buy a home. In this, the Community Housing Trust owns the land, whereas the individual owns the home. If the home is sold, it will be at a restricted price to maintain affordability.  The resolution provides for the membership of the Task Force, makes requirements for certain research and policy recommendations and report, and provides for the staffing of the Community Housing Trust Task Force.