Prince George's County allocates $2.5M for new Carrollton affordable housing project

April 15, 2025 | Prince George's County, Maryland

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Prince George's County allocates $2.5M for new Carrollton affordable housing project

This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting. Link to Full Meeting

The Prince George's County Council held a public hearing on April 15, 2025, focusing on the Washington Suburban Sanitary Commission (WSSC) budget and various housing investment resolutions. The meeting began with a discussion on the importance of addressing customer needs and infrastructure investments, with officials expressing gratitude for community support during challenging times.

The council reviewed several resolutions concerning the Housing Investment Trust Fund, which aims to allocate funds for affordable housing projects in the county. The first resolution proposed committing $2.5 million to the New Carrollton Affordable Phase 1 project, aimed at providing gap financing for new rental housing construction. This was followed by a similar resolution for Phase 2 of the New Carrollton project, also seeking $2.5 million.

Additional resolutions included a commitment of $1.9 million for the Park Place at Addison Road Metro project and another $2.5 million for the Penn Place 1 project, both intended to support affordable housing initiatives. Each resolution was presented without public comment, and the council concluded the public hearing after confirming there were no speakers from the audience.

The council indicated that further discussions on these resolutions would take place in a work session later in the day, emphasizing the ongoing commitment to addressing housing needs in the community. Overall, the meeting highlighted the council's focus on infrastructure investment and customer assistance amid budget considerations.

Converted from Prince George - County Council - Public Hearing - WSSC Budget - Apr 15, 2025 meeting on April 15, 2025
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