Prince George's County Could Forfeit Millions | WAMU 88.5 - American University Radio

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Prince George's County Could Forfeit Millions

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Prince George's County is at risk of losing more than $5 million in affordable housing grants from the federal government. The county must notify the government by Saturday about how it plans to spend the money or the grants will be taken back.

The funds are from the U.S. Department of Housing and Urban Development and come with a two-year deadline for legally binding agreements with developers. Projects must begin within a year after that.

Prince George's has an uncommitted balance of $5.17 million that is due to expire Saturday. County officials say they have reached agreements with developers and are in the process of updating the HUD database with that information.

Meymo Lyons reports...

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