Title
A RESOLUTION CONCERNING STATE OF MARYLAND COMMUNITY INVESTMENT TAX CREDIT PROGRAM for the purpose of approving the project submitted by the Ivy Community Charities of Prince George's County, Inc. to the Maryland Department of Housing and Community Development for participation in the Department's Community Investment Tax Credit Program.
Background
The Ivy Community Charities of Prince George's County, Inc., a non-profit organization based in Prince George's County, Maryland, has applied to the Maryland Department of Housing and Community Development for approval of the Ivy Renovation and Program Expansion Project for participation in the Community Investment Tax Credit Program. The tax credits will be used to renovate the Ivy Youth and Family Center, located in Suitland, Maryland, and expand services to disadvantaged youth and families to improve their academic, cultural, health, economic and general welfare. The State of Maryland requires local legislative support for participation in the Program.