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Title:
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A Resolution for the purpose of approving the project submitted by the Housing Initiative Partnership, Inc. (HIP) to the State of Maryland Department of Housing
and Community Development for participation in the Neighborhood Partnership Program
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Title
A Resolution for the purpose of approving the project submitted by the Housing Initiative Partnership, Inc. (HIP) to the State of Maryland Department of Housing
and Community Development for participation in the Neighborhood Partnership Program
Background
The Housing Initiative Partnership, Inc. (HIP), a nonprofit organization, operates a Project to acquire and rehabilitate dilapidated and/or vacant properties, including single family homes, in the areas between Interstate Highway 495 and the District of Columbia. HIP has applied to participate in the Neighborhood Partnership Program operated by the Maryland Department of Housing and Community Development. The Department will set aside an allocation of tax credits for business entities that contribute to the HIP Project. Local legislative support is a requirement to participate in the Program.