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File #: HCC-311-FY21    Version: 1 Name:
Type: Action Item Status: Passed
File created: 4/27/2021 In control: City Council
On agenda: 5/3/2021 Final action: 5/3/2021
Title: Hyattsville Resolution 2021-02: Acquisition of Hamilton Manor Apartments by the National Housing Trust Communities through the Prince George's County Right of First Refusal (ROFR) Program
Sponsors: Kevin Ward, Joseph Solomon, Erica Spell Wolf, Ben Simasek, Danny Schaible, Edouard Haba
Indexes: Planning & Development, Resolution
Attachments: 1. Hamilton Manor ROFR Acqusition Memo - Final 04.27.21, 2. Hamilton Manor Resolution 4.27.pdf, 3. Hamilton Manor Preservation Summary_3.26.2021, 4. Hamilton Manor - WHC NHTC Info - Hyattsville CC - 5-3-21, 5. Municipality Notice -- Hamilton Manor -- City of Hyattsville - (AF draft 4.23.pdf
Related files: HCC-283-FY21, HCC-293-FY21, HCC-303-FY21
Submitted by: Ward
Submitting Department: Community & Economic Development
Agenda Section: Action

Item Title:
title
Hyattsville Resolution 2021-02: Acquisition of Hamilton Manor Apartments by the National Housing Trust Communities through the Prince George's County Right of First Refusal (ROFR) Program
end

Suggested Action:
recommendation
I move that the City Council adopt Hyattsville Resolution 2021-02, a resolution supporting the acquisition of Hamilton Manor Apartments by the National Housing Trust Communities (NHTC) through the Prince George's County Right of First Refusal (ROFR) Program for the purpose of creating and preserving affordable housing in the City of Hyattsville.
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Summary Background:
In March 2021, the City Council received a briefing from the Prince George's County Department of Housing and Community Development (DHCD) Right of First Refusal (ROFR) Program. In 2013, the Prince George's County Council passed CB 27-2013 which created the Right of First Refusal Program to expand the availability of affordable rental housing in the County.

Per section 13-1113 (i), "The Department may accept an offer to buy rental housing in a municipality only if the municipality approves in writing within one hundred eighty (180) days from the date of the offer. The failure of a municipality to provide written approval to the Department within the timeframe above shall be deemed an approval."

In the case of Hamilton Manor, DHCD assigned its purchasing rights to National Housing Trust Communities. The National Housing Trust is a national non-profit engaged in housing preservation through public policy advocacy, real estate development, and lending. Collaborating with local partners and investors, NHTC raises the capital necessary to acquire, renovate, and build affordable homes. In Maryland, they have developed over 600 affordable and mixed-income units. NHTC is in the process of acquiring Hamilton Manor, a 245-unit property located at 3342 Lancer Drive...

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