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Prince George's County committee approves $9.4 million in housing trust allocations and related PILOT agreements
Summary
The County Council Committee of the Whole approved multiple Housing Investment Trust allocations and accompanying payment-in-lieu-of-taxes (PILOT) pilot agreements for several affordable housing projects, with all measures passing on voice or roll-call votes.
Prince George's County Council's Committee of the Whole on April 15 approved a series of resolutions committing Housing Investment Trust funds and approving associated payment-in-lieu-of-taxes pilot agreements for several affordable housing projects in the county.
The committee approved four trust-funding resolutions allocating $2,500,000 each for New Carrollton Affordable Phase 1 (CR-27-2025), New Carrollton Affordable Phase 2 (CR-29-2025) and Penn Place 1 (CR-35-2025), and $1,900,000 for Park Place at Addison Road Metro (CR-31-2025). The measures passed by roll call or voice votes and were recorded as carrying with 10 ayes on votes where the roll was called.
Why it matters: The allocations are intended to provide gap financing for new affordable rental housing construction in Prince George's County. Several of the trust commitments were considered alongside pilot PILOT agreements — contractual tools that set long-term, negotiated tax payments for specific affordable housing developments — intended to support the projects' financial viability.
Details of actions and outcomes - CR-27-2025: A resolution to commit $2,500,000 from the Prince George's County Housing Investment Trust Fund to New Carrollton Affordable Phase 1 for gap financing of new affordable rental housing construction. The motion to move the measure favorably was made during the committee meeting and the resolution carried on the roll call (motion recorded as moved by Council member Harrison; roll call recorded 10 ayes; motion carries 10).
- CR-28-2025: A payment-in-lieu-of-taxes (PILOT) pilot agreement tied to the New Carrollton Affordable Phase 1 project (New Carrollton Affordable Senior Housing 1 LLC). The committee approved the terms and conditions of the PILOT agreement; the roll call recorded 10 ayes where noted and the motion carried.
- CR-30-2025 and CR-29-2025: The committee approved a PILOT agreement and a $2,500,000 Housing Investment Trust allocation, respectively, for New Carrollton Affordable Phase 2 (the PILOT was CR-30-2025; the trust allocation was CR-29-2025). Both measures were moved and recorded as carrying with affirmative votes from the committee.
- CR-31-2025: A resolution committing $1,900,000 to Park Place at Addison Road Metro for gap financing of new affordable rental housing construction. Council member Hawkins moved the item and Vice Chair Oriada seconded; the roll call recorded 10 ayes and the motion carried.
- CR-35-2025 and CR-36-2025: The committee approved a $2,500,000 Housing Investment Trust commitment for Penn Place 1 (CR-35-2025) and the corresponding PILOT pilot agreement for Penn Place Project 1 (CR-36-2025). Both measures were moved, called, and recorded as carrying with unanimous committee support where the roll was taken.
Other procedural items - CR-40-2025 (exempt employee salary plan amendment) was withdrawn during the meeting and removed from consideration.
Discussion and presentations Representatives from the County Executive's Office presented the New Carrollton items; a county executive office representative described the New Carrollton work as one phase of a multi-phase development and said staff had met with committee leadership and provided presentation materials to the committee. Committee members made routine procedural motions to move items favorably; roll-call voting followed for several items and yielded recorded 10-0 tallies in the instances shown on the record.
What the record shows and what it does not The transcript records motions to approve the trust allocations and PILOT agreements and roll-call tallies indicating the measures carried. The transcript does not include full project financing details (for example, total project costs, other financing sources, or PILOT dollar amounts and schedules) beyond the trust allocations listed in the resolutions. Those financing specifics were not specified on the record and would need to be obtained from the County Executive's Office or project documents for further detail.
The committee adjourned after completing the listed items and returning business to the full County Council.
