Title
A RESOLUTION CONCERNING FISCAL YEAR (“FY”) 2026 ANNUAL ACTION PLAN FOR HOUSING AND COMMUNITY DEVELOPMENT for the purpose of amending the Prince George’s County Fiscal Year (“FY”) 2026 Annual Action Plan for Housing and Community Development by adding the New Carrollton - Affordable - Phase 4 project, an eligible activity not originally funded or described in the FY 2026 Annual Action Plan, and the reprogramming and reallocation of two million, five hundred thousand dollars ($2,500,000) in HOME Investment Partnerships (“HOME”) Program funds from Annual Action Plans approved in prior fiscal years to support the New Carrollton - Affordable - Phase 4 project.
Background
This Resolution will amend the Prince George’s County Fiscal Year (“FY”) 2026 Annual Action Plan for Housing and Community Development by approving the addition of the New Carrollton - Affordable - Phase 4 project, an eligible activity not originally funded or described in the FY 2026 Annual Action Plan.
Additionally, this Resolution will amend the FY 2026 Annual Action Plan by reprogramming and reallocating two million, five hundred thousand dollars ($2,500,000) in HOME Investment Partnerships (“HOME”) Program funds from previously approved Annual Action Plans from prior fiscal years to support the project.
This Resolution requires at least one (1) public hearing because the proposed amendment to the FY 2026 Annual Action Plan would constitute a “substantial change” under the FY 2026-2030 County Citizen Participation Plan, as described in the County’s FY 2026-2030 Consolidated Plan.