Prince George's County Council - Reference No. CR-052-2011

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Details

Reference No.

CR-052-2011 Draft No. 1

Type:

Resolution

Status:

Adopted

Meeting Body

County Council

Meeting Date

6/14/2011

Introduced Date

6/14/2011

Public Hearing Date

Effective date:

Title:

A Resolution supporting the State of Maryland Neighborhood Stabilization Program Round 3 Substantial Amendment, which includes $1.7 million of funding for the Suitland Neighborhood Stabilization Initiative

Proposers/Sponsors:

Ingrid M. Turner, County Executive

Code sections:

None - None

Attachments:

1. R2011052.pdf, 2. CR-52-2011 Attachment, 3. ACTION SUMMARY T2011052

Contact:

Rosalyn B. Clemens NSP Project Manager DHCD

Date	Ver.	Action By	Action	Result	Action Details	Meeting Details	Video
6/15/2011		County Executive	signed		Action details	Meeting details	Not available
6/14/2011	1	County Council	adopted	Pass	Action details	Meeting details	Not available
6/14/2011	1	County Council	FAVORABLE	Pass	Action details	Meeting details	Not available
6/14/2011	1	County Council	referred	Pass	Action details	Meeting details	Not available
6/14/2011		County Council	introduced		Action details	Meeting details	Not available

Title A Resolution supporting the State of Maryland Neighborhood Stabilization Program Round 3 Substantial Amendment, which includes $1.7 million of funding for the Suitland Neighborhood Stabilization Initiative Background The State of Maryland received an allocation of $5,000,000 in NSP3 funding. NSP3 grantees must develop an application or NSP3 Substantial Amendment designating the NSP3 target area(s) and outlining a strategy for use of the funding. The State is administering NSP3 funds through the Neighborhood Conservation Initiative (“NCI”) and has included $1.7 million of NSP3 funding in Maryland’s NSP3 Substantial Amendment for the Suitland Neighborhood Stabilization Initiative. The State of Maryland requires local government support for participation in the NCI Program. The State NCI funding will leverage the $1.8 million in County federal NSP3 funding and will support the Suitland NSP3 Initiative by funding a homeownership assistance strategy modeled after the NSP 1 Down Payment on Your Dream Program; the “Green Suitland” acquisition and rehabilitation activity; and a Saving Your Home Pilot Program to preserve homeownership targeting the Suitland Neighborhood Stabilization area. THIS RESOLUTION WAS NOT ADOPTED.

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