Legislation Details

Reference No. CR-036-2015    Draft No. 1
Type: Resolution Status: Adopted
Meeting Body County Council
Meeting Date 7/7/2015
Introduced Date 7/7/2015 Public Hearing Date
Effective date:    
Title: A RESOLUTION CONCERNING THE STATE OF MARYLAND COMMUNITY INVESTMENT TAX CREDIT PROGRAM for the purpose of approving the project submitted by the Housing Initiative Partnership, Inc. (“HIP”) to the Maryland Department of Housing and Community Development for participation in the Department’s Community Investment Tax Credit Program.
Proposers/Sponsors: Deni L. Taveras, Dannielle M. Glaros, Todd M. Turner, Mary A. Lehman
Attachments: 1. R2015036.pdf, 2. CR-36-2015 AIS
Contact: Kathleen H. Canning, Legislative Officer Hawi Sanu, THE Committee Director

Title

A RESOLUTION CONCERNING THE STATE OF MARYLAND COMMUNITY INVESTMENT TAX CREDIT PROGRAM for the purpose of approving the project submitted by the Housing Initiative Partnership, Inc. (“HIP”) to the Maryland Department of Housing and Community Development for participation in the Department’s Community Investment Tax Credit Program.

Background

Housing Initiative Partnership, Inc. (“HIP”), a nonprofit organization based in Prince George’s County, Maryland, has applied to the Maryland Department of Housing and Community Development for approval of the  “Bounce Back” project for participation in the Community Investment Tax Credit Program. The tax credits will be used to expand a financial literacy program that serves pre-purchase clients and renters as well as its foreclosure prevention clients.