Legislation Details

Reference No. CR-088-2019    Draft No. 1
Type: Resolution Status: Adopted
Meeting Body County Council
Meeting Date 11/5/2019
Introduced Date 10/8/2019 Public Hearing Date
Effective date:    
Title: A RESOLUTION CONCERNING REVITALIZATION TAX CREDIT - ARMORY APARTMENTS for the purpose of approving the Armory Apartments’ multifamily and commercial development proposed by Urban Investment Partners (The UIP Companies, Inc.), as a revitalization project qualifying for a revitalization or redevelopment tax credit, as provided in Section 10-235.02 of the Prince George’s County Code.
Proposers/Sponsors: County Executive, Todd M. Turner, Mel Franklin, Sydney J. Harrison, Monique Anderson-Walker, Derrick Leon Davis, Rodney C. Streeter, Deni L. Taveras, Calvin S. Hawkins
Attachments: 1. R2019088, 2. CR-088-2019 AIS, 3. CR-088-2019 Report, 4. CR-088-2019 Transmittal, 5. CR-088-2019 Armory Apartments Presentation
Contact: Adewale Dada, Office of the County Executive

Title

A RESOLUTION CONCERNING REVITALIZATION TAX CREDIT - ARMORY APARTMENTS for the purpose of approving the Armory Apartments’ multifamily and commercial development proposed by Urban Investment Partners (The UIP Companies, Inc.), as a revitalization project qualifying for a revitalization or redevelopment tax credit, as provided in Section 10-235.02 of the Prince George’s County Code.

 

Background

This resolution seeks the approval of the County Council in order to provide a residential revitalization tax credit for the Armory Apartments Project. The project includes 285 multi-family dwelling units.