CR-041-2023
| 1 | | Resolution | A RESOLUTION CONCERNING PAYMENTS IN LIEU OF TAXES (“PILOT”) AGREEMENT FOR COTTAGE CITY TOWERS APARTMENTS for the purpose of approving the terms and conditions of a Payments in Lieu of Taxes (“PILOT”) Agreement between Prince George’s County, Maryland (the “County”) and an entity to be formed by Developer: HAPGC Affordable Housing Development Corporation, LLC C/O Housing Authority of Prince George's County (the “Owner”). | Favorably recommended | Pass |
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CR-046-2023
| 1 | | Resolution | A RESOLUTION CONCERNING HOUSING INVESTMENT TRUST FUND (“HITF”) FOR HOUSING AND COMMUNITY DEVELOPMENT
for the purpose of committing and allocating the amount of two million, five hundred thousand dollars ($2,500,000) in Prince George’s County Housing Investment Trust Fund (“HITF”) Program funds to the Cottage City Towers project, an eligible activity, for gap financing necessary for the preservation of affordable housing. | Favorably recommended | Pass |
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CR-044-2023
| 1 | | Resolution | A RESOLUTION CONCERNING PAYMENTS IN LIEU OF TAXES (“PILOT”) AGREEMENT FOR PARK PLACE AT ADDISON ROAD APARTMENTS for the purpose of approving the terms and conditions of a Payments in Lieu of Taxes (“PILOT”) Agreement between Prince George’s County, Maryland (the “County”) and Banneker Ventures, LLC (the “Owner”). | Favorably recommended | Pass |
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CR-045-2023
| 1 | | Resolution | A RESOLUTION CONCERNING HOUSING INVESTMENT TRUST FUND (“HITF”) for Housing and Community Development for the purpose of committing and allocating the amount of three million, five hundred thousand dollars ($3,500,000) in Prince George’s County Housing Investment Trust Fund (“HITF”) Program funds to the Park Place at Addison Road project, an eligible activity, for gap financing of new affordable housing construction. | Favorably recommended | Pass |
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CR-043-2023
| 1 | | Resolution | A RESOLUTION CONCERNING PAYMENTS IN LIEU OF TAXES (“PILOT”) AGREEMENT FOR 210 ON THE PARK APARTMENTS for the purpose of approving the terms and conditions of a Payments in Lieu of Taxes (“PILOT”) Agreement between Prince George’s County, Maryland (the “County”) and 210 MPD Partners, LLC (the “Owner”). | Favorably recommended | Pass |
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CR-047-2023
| 1 | | Resolution | A RESOLUTION CONCERNING HOUSING INVESTMENT TRUST FUND (“HITF”) FOR HOUSING AND COMMUNITY DEVELOPMENT for the purpose of committing and allocating the amount of three million dollars ($3,000,000) in Prince George’s County Housing Investment Trust Fund (“HITF”) Program funds to the 210 on the Park project, an eligible activity, for gap financing of new affordable housing construction. | Favorably recommended | Pass |
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