Reference No. CR-079-2012    Draft No. 1
Type: Resolution Status: Adopted
Meeting Body County Council
Meeting Date 10/16/2012
Introduced Date 10/16/2012 Public Hearing Date
Effective date: 10/16/2012    
Title: A Resolution for the purpose of supporting the Partnership Rental Housing Program’s and Low Income Housing Tax Credits financing of the Cerrito Apartments, a project of LANDEX Development, LLC
Proposers/Sponsors: Andrea C. Harrison, County Executive
Code sections: None - None
Attachments: 1. ACTION SUMMARY T2012079, 2. R2012079.pdf
Contact: LaKeecia Allen Office of Law
Title A Resolution for the purpose of supporting the Partnership Rental Housing Program’s and Low Income Housing Tax Credits financing of the Cerrito Apartments, a project of LANDEX Development, LLC Background LANDEX is a developer of quality residential properties. LANDEX intends to construct 112 unit workforce housing development, Cerrito Apartments, in Oxon Hill, Maryland, a priority funding area. The development is projected to create numerous jobs and the employer intends to hire locally. Further, the project focuses on transforming the neighborhood and increasing job opportunities. LANDEX has applied with the Community Development Administration (“CDA”) for financing of the Project in the form of Partnership Rental Housing Program and Low-Income Housing Tax Credits. The State of Maryland requires local legislative support for participation in the Programs.



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