Title
A RESOLUTION CONCERNING 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.