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College Park partners with Habitat, UMD students to rebuild Lakeland lot as permanently affordable home
Summary
City officials, the Community Preservation Trust and Habitat for Humanity previewed a plan to build a permanently affordable owner‑occupied home on a city‑owned lot at 5021 Lakeland Road, using a 99‑year covenant and student design input.
College Park officials and nonprofit partners on Tuesday described a pilot project to convert a vacant city lot at 5021 Lakeland Road into a permanently affordable, owner‑occupied home designed with University of Maryland capstone students and built with Habitat for Humanity.
The presentation to the College Park City Council laid out a multi‑partner plan in which the city would sell the lot to the Community Preservation Trust, the trust would place a long‑term affordability covenant on the land, and Habitat for Humanity would develop the home and sell it to a qualifying buyer using subsidies and a 0% interest mortgage.
“Today, that vision is what we bring,” Orlando Velez, director of operations and housing initiatives at the City‑University Partnership, told the council. “The project brings the site back to life as a new, permanent, affordable, owner occupied project.”
The partners said the project would be…
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