(Washington, DC) The District has decided to postpone the public hearings on the proposed Section 108 Loan Guarantee application for the DC USA project, in order to evaluate and reflect on all anticipated projects on which the District contemplates use of the Section 108 Loan Guarantee program. The planned public hearings will be held in the spring of 2004, by which time the District will announce a comprehensive approach to using the Section 108 program to promote critical economic development projects throughout the city. The District maintains that the power of the Section 108 program should be used to deliver the maximum economic development benefits to District residents.
The District is postponing both the public hearing on January 10th, 2004, at the True Reformer Building on U Street, N.W., and the public hearing on January 13th, 2004, at the Matthews Memorial Baptist Church, on Martin Luther King, Jr., Ave., S.E., across from the Anacostia Metro Station. Notice of the hearings originally appeared in the D.C. Register on December 5th, 2003, and was titled "The District's Draft HUD Section 108 Loan Guarantee Application for the DC USA Project and Modification to the FY 2004 Consolidated Plan Action Plan."
For comments or questions, please contact Beatrix Fields or Pamela Hillsman, at the Department of Housing and Community, at 202-442-7252 and 202-442-7256, respectively; and Michael Jasso or Alex Nyhan, in the Office of the Deputy Mayor for Planning & Economic Development, at 202-724-7014 and 202-724-7150, respectively.