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Committee advances PILOT and HOME reprogramming for New Carrollton affordable housing
Summary
The Prince George's County Committee of the Whole voted to recommend favorable action on a PILOT for the New Carrollton Affordable Phase 4 project and to add the project to the county’s FY‑26 action plan with $2.5 million in reprogrammed HOME funds.
The Prince George’s County Committee of the Whole on Nov. 10 recommended favorable consideration of a payment‑in‑lieu‑of‑taxes (PILOT) agreement for the New Carrollton Affordable Phase 4 project and approved an amendment to the FY‑26 Annual Action Plan to add the project and reallocate $2,500,000 in HOME Investment Partnership funds.
Council staff told members the project would create a 102‑unit affordable rental community targeted to households earning 70% or below the area median income…
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