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College Park partnership with Habitat and UMD students aims to build an affordable home at 5021 Lakeland Road
Summary
The Community Preservation Trust, College Park City–University Partnership, Habitat for Humanity and University of Maryland capstone students proposed returning a city-owned vacant lot at Lakeland Road and 51st Avenue to permanent affordable owner-occupied housing under a 99-year affordability covenant; council heard details and asked about zoning, timeline and costs.
City and nonprofit partners presented a pilot project on Oct. 21 to convert a city-owned vacant lot at 5021 Lakeland Road into an affordable, owner-occupied home developed by Habitat for Humanity with design input from University of Maryland capstone students and oversight by the Community Preservation Trust.
What the project would do: Under the model presented, the city would sell the land to the Trust for $200,000; the Trust would sell building rights to Habitat, and proceeds would seed a construction grant. The land would remain encumbered by a…
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