CR-034-2023
| 1 | | Resolution | A RESOLUTION CONCERNING PAYMENTS IN LIEU OF TAXES (“PILOT”) AGREEMENT FOR ADDISON 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 Addison Park, L.P. (the “Owner”). | Favorably recommended | Pass |
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CR-035-2023
| 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 Addison Park project, an eligible activity, for gap financing of new affordable housing construction. | Favorably recommended | Pass |
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CR-036-2023
| 1 | | Resolution | A RESOLUTION CONCERNING PAYMENTS IN LIEU OF TAXES (“PILOT”) AGREEMENT FOR HAMLET WOODS 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 Developers: Osprey Property Company II LLC and Parallax Development Group, LLC (the “Owner”). | Favorably recommended with amendments | Pass |
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CR-037-2023
| 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 Hamlet Woods project, an eligible activity, for gap financing of new affordable housing construction. | Favorably recommended with amendments | Pass |
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