Skip to Content Accessibility Information

Department of Housing and Community Development

LEGAL NOTICE: Notice of Public Hearing Concerning Issuance of Bonds or Other Obligations to Finance Residential Rental Housing Projects – February 19, 2025

Notice is hereby given that the Community Development Administration (the “Administration”), a unit of the Division of Development Finance of the Maryland Department of Housing and Community Development, will conduct a public hearing from 11:15 am to 11:45 am, on Wednesday, February 19th, 2025.  

This public hearing will be conducted solely via teleconference. Parties interested in participating in the public hearing should call (toll-free) 1-800-201-5203  pin: 571234 during the public hearing time.   

All members of the public are invited to participate in the hearing which will concern the plan of financing, including the loans funded from the proceeds of private activity bonds issued by the Administration and/or the State of Maryland (the “State”) acting through its Board of Public Works, for financing the acquisition, construction, renovation, rehabilitation or other costs of the multifamily residential rental housing projects listed below (the “Projects”) in an amount not to exceed the maximum aggregate amount of private activity bond obligations to be issued for such Projects as set forth below (or refunding of any obligation by other obligations in amounts up to such maximum aggregate principal amount.)  

Additional information relating to the bonds to be issued and the Projects is available upon request by writing to Benedict Durant at 7800 Harkins Road, Lanham, MD 20706 or at benedict.durant@maryland.gov or calling 301-429-7823.

List of Projects

Name of Project: New Carrollton Affordable Phase 1 Senior

  • Number of Units: 112 Units
  • Perspective Location by Street: Located on approximately 4.5 acres on the southwest corner of the intersection of Corporate Drive and Penny Drive, Hyattsville MD  Prince George’s County
  • Initial owner, operator, or manager: New Carrollton Affordable Senior LLC
  • Maximum Aggregate Amount of obligations to be issued: $23,000,000.00

Name of Project:  Little Patuxent Family

  • Number of Units:   33 Units
  • Prospective Location by Street Address: 1072 Route 3, Gambrills MD Anne Arundel County
  • Initial owner, operator, or manager:  Little Patuxent Family L, LLC
  • Maximum Aggregate Amount of obligations to be issued:   $12,000,000.00

Name of Project: Leonardtown Apartments

  • Number of Units:  339 Units
  • Prospective Location by Street Address:  
    • 3775 Leonardtown Road, Waldorf MD 20601 (Tax Map & Parcel ID 06-0591981)
    • 3640 Moses Way, Waldorf MD 20601 (Tax Map & Parcel ID 06-037208)
    • 3635 Moses Way, Waldorf MD 20601 ( Parcel ID 0056 Lots 15B & 16B, Tax ID 06-361661 and Parcel ID 0057 Lot 17B Tax Map ID 06-049788). These sites will be combined into one property
  • Initial owner, operator, or manager:  Standard Moses Way Venture LP
  • Maximum Aggregate Amount of obligations to be issued: $62,000,000.00

Name of Project: Holly Lane Apartments

  • Number of Units in Project: 169 Units
  • Perspective Location by Street:  
    • 4900, 4902 ,4904, 4906, 4908, 4910, 4912, 4914, 4916, 4918, 4920 Crenshaw Avenue, Baltimore MD 21206
    • 5000, 5002, 5004, 5006, 5009, 5010 Crenshaw Avenue Baltimore City 21206, Baltimore City
  • Initial owner, operator, or manager: Justice Housing, Inc.
  • Maximum Aggregate Amount of obligations to be issued: $33,000,000.00

Name of Project: Worman’s Mill Apartments

  • Number of Units in Project:  306 Units
  • Prospective Location by Street: 
    • 7815A N. Market Street, Frederick MD 21702
    • 60 Worman’s Mill Court, Frederick MD 20701 ( Tax Map & Parcel ID 0405 & 1146). The two sites will be combined into one property in Frederick County
  • Initial owner, operator, or manager: Standard Worman’s Venture LP
  • Maximum Aggregate Amount of obligations to be issued:  $64,000,000.00

Name of Project: Sandy Spring Village

  • Number of Units in Project:   56 Units
  • Prospective Location by Street Address:  
    • 900 Olney Sandy Spring Road, Sandy Spring MD 20860
    • 17820, 17822 Meeting House Road, Sandy Spring MD 20860
    • Montgomery County
  • Initial owner, operator, or manager:  Sandy Spring Village, LP
  • Maximum Aggregate Amount of obligation to be issued:  $17,000,000.00

Comments submission

All interested parties are invited to submit written comments in advance or present oral comments by teleconference at the public hearing regarding the issuance of bonds, notes, or other obligations of the Administration and/or the State for the Projects being financed.  Written comments or notice of intent to present oral comments should be received by the Administration on or before February 16th, 2025 and should be submitted to Benedict Durant, Housing Development Programs, 7800 Harkins Road, Lanham, Maryland 20706 or benedict.durant@maryland.gov. Oral comments will be limited to presentations of no more than five (5) minutes per person.