Legislation Details

Reference No. CR-085-2008    Draft No. 1
Type: Resolution Status: Adopted
Meeting Body County Council
Meeting Date 10/21/2008
Introduced Date 9/30/2008 Public Hearing Date
Effective date:    
Title: A Resolution concerning the State of Maryland Neighborhood and Community Assistance Program for the purpose of expressing approval of the project submitted by Prince George’s Financial Services Corporation (“FSC First”), to the Maryland Department of Housing and Community Development for participation in the Department’s Community Investment Tax Credit Program
Proposers/Sponsors: Thomas E. Dernoga, Tony Knotts, Samuel H. Dean, County Executive
Code sections: None - None
Attachments: 1. ACTION SUMMARY T2008085, 2. R2008085.pdf
Contact: Joseph R. Hamlin Office of Law
Title A Resolution concerning the State of Maryland Neighborhood and Community Assistance Program for the purpose of expressing approval of the project submitted by Prince George’s Financial Services Corporation (“FSC First”), to the Maryland Department of Housing and Community Development for participation in the Department’s Community Investment Tax Credit Program Background FSC First, a 501(c)(3) nonprofit organization, has applied to the Maryland Department of Housing and Community Development for approval of the Asset Based Loan Program project for participation in the Community Investment Tax Credit Program. The Project provides financing for small and minority-owned businesses in Prince George’s County. The State of Maryland requires local legislative support for participation in the Program.