Reference No. CR-074-2024    Draft No. 1
Type: Resolution Status: Adopted
Meeting Body County Council
Meeting Date 10/15/2024
Introduced Date 9/10/2024 Public Hearing Date 10/08/2024 @ 10:00 AM
Effective date: 10/15/2024    
Title: A RESOLUTION CONCERNING FISCAL YEAR (“FY”) 2025 ANNUAL ACTION PLAN FOR HOUSING AND COMMUNITY DEVELOPMENT for the purpose of amending the Prince George’s County Fiscal Year (“FY”) 2025 Annual Action Plan for Housing and Community Development by adding the New Carrollton - Affordable - Phase 3 - 9% project, an eligible activity not originally funded or described in the FY 2025 Annual Action Plan, and the reprogramming and reallocation of two million, seven hundred fifty thousand dollars ($2,750,000) in HOME Investment Partnerships (“HOME”) Program funds from the FY 2019, FY 2022, FY 2023, and FY 2024 Annual Action Plans to support the New Carrollton - Affordable - Phase 3 - 9% project.
Proposers/Sponsors: County Executive, Jolene Ivey, Eric C. Olson, Ingrid S. Watson, Wala Blegay, Thomas E. Dernoga
Attachments: 1. R2024074, 2. CR-074-2024 Attachment B, 3. CR-074-2024 Summary, 4. CR-074-2024 Report, 5. CR-074-2024 PAFI, 6. CR-074-2024 Transmittal, 7. CR-074-2024 New Carrollton 3 Legislative Preview Presentaiton
Related files: CR-073-2024
Contact: Adedamola George, Esq., Chief Compliance and Program Manager, Department of Housing and Community Development

Title

A RESOLUTION CONCERNING FISCAL YEAR (“FY”) 2025 ANNUAL ACTION PLAN FOR HOUSING AND COMMUNITY DEVELOPMENT for the purpose of amending the Prince George’s County Fiscal Year (“FY”) 2025 Annual Action Plan for Housing and Community Development by adding the New Carrollton - Affordable - Phase 3 - 9% project, an eligible activity not originally funded or described in the FY 2025 Annual Action Plan, and the reprogramming and reallocation of two million, seven hundred fifty thousand dollars ($2,750,000) in HOME Investment Partnerships (“HOME”) Program funds from the FY 2019, FY 2022, FY 2023, and FY 2024 Annual Action Plans to support the New Carrollton - Affordable - Phase 3 - 9% project.

 

Background

This Resolution will amend the Prince George’s County Fiscal Year (“FY”) 2025 Annual Action Plan for Housing and Community Development by approving the addition of the New Carrollton - Affordable - Phase 3 - 9% project, an eligible activity not originally funded or described in the FY 2025 Annual Action Plan.

 

Additionally, this Resolution will amend the FY 2025 Annual Action Plan by reprogramming and reallocating two million, seven hundred fifty thousand dollars ($2,750,000) in HOME Investment Partnerships (“HOME”) Program funds from the FY 2019, FY 2022, FY 2023, and FY 2024 Annual Action Plans to support the project.

 

This Resolution requires at least one (1) public hearing because the proposed amendment to the FY 2025 Annual Action Plan would constitute a “substantial change” under the FY 2021-2025 County Citizen Participation Plan, as described in the County’s FY 2021-2025 Consolidated Plan.

 

 



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