Maryland Department of Housing and Community Development to Hold Teleconference Public Hearing on Proposed Issuance of Bonds for Multifamily Rental Housing Projects
The hearing date has been updated.
Legal Notice: 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:
- Date: Thursday, June 12, 2025
- Time: 12:30 pm to 1:00 pm
- Call-in Number (Toll-Free): 1-800-201-5203
- PIN: 571234
THIS PUBLIC HEARING WILL BE CONDUCTED SOLELY VIA TELECONFERENCE.
All members of the public are invited to participate in the hearing, which will concern the plan of financing, including the loan 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 project listed below (the “Project”) in an amount not to exceed the maximum aggregate amount of private activity bond obligations to be issued for such Project as set forth below (or refunding of any obligation by other commitments in amounts up to such maximum aggregate principal amount).
Additional Information: Details related to the bonds to be issued and the Project are available upon request by:
- Mailing a written request to: Benedict Durant 7800 Harkins Road Lanham, MD 20706
- Emailing: benedict.durant@maryland.gov
- Calling: 301-429-7823
LIST OF PROJECTS
Name of Project: Odenton Junction Four
Number of Units: 60 Units
Perspective Location by Street: 1457 Hale Street
Initial owner, operator, or manager: Osprey Property Company II LLC
Maximum Aggregate Amount of obligations to be issued: $21,000,000
Name of Project: The Belvedere at Mill Creek
Number of Units: 120 Units
Perspective Location by Street: 16998 Overhill Road,
Initial owner, operator, or manager: The Belvedere Apartments, LLLP
Maximum Aggregate Amount of obligations to be issued: $28,000,000
Name of Project: Residences at Hampstead School
Number of Units: 85 Units
Perspective Location by Street: 1211 N Main Street
Initial owner, operator, or manager: Hampstead School LLC.
Maximum Aggregate Amount of obligations to be issued: $12,000,000
Name of Project: The Residences at Notre Dame
Number of Units: 126 Units
Perspective Location by Street: 901 Asquith Street
Initial owner, operator, or manager: IND Apartments LLC.
Maximum Aggregate Amount of obligations to be issued: $33,000,000
Name of Project: Lucas Village Revitalization 4%
Number of Units: 222 Units
Perspective Location by Street: 155 Pennsylvania Avenue
Frederick, MD 21701
City of Frederick
Initial Owner, operator, or manager: Housing Authority of the City of Frederick
New Harbor Development II LLC
Maximum Aggregate Amount of obligations to be issued: $68,000,000
Name of Project: Lorelly Court
Number of Units: 79 Units
Perspective Location by Street: Building 1-4806,4809,4810
Building 2-4801,4803,4805 Lorelly Avenue, Baltimore, MD 21206
Initial Owner, operator, or manager: Lorelly Sinclair Housing Partners, LP
Maximum Aggregate Amount of obligations to be issued: $11,000,000
Name of Project: Bowie Commons
Number of Units: 36 Units
Perspective Location by Street: Building 1-3909 New Haven Court A1-A6
Building 2-3909 New Haven Court A7-A12, Building 3-3909 New Haven Court B1-B6
Building 4-3909 New Haven Court B7-B12, Building 5-3909 New Haven Court C1-C6
Building 6-3909 New Haven Court C7-C12
Bowie MD 20716
Prince George’s County
Initial Owner, operator, manager: Lorelly Sinclair Housing Partners, LP
Maximum Aggregate Amount of obligations to be issued: $7,000,000
Name of Project: Sinclair Gate
Number of Units: 124 Units
Perspective Location by Street: Building 1-5501,5503,5505 Bowleys Lane
Building 2-5507,5509,5511 Bowleys Lane, Building 3-5513,5515,5517 Bowleys Lane
Baltimore City.
Initial Owner, operator, manager: Lorelly Sinclair Housing Partners, LP.
Maximum Aggregate Amount to be issued: $15,000,000
Name of Project: Crusader Housing II
Number of Units: 104 Units
Perspective Location by Street: 200-224 Meteor Avenue
Initial Owner, operator, manager: Crusader Housing II, LLC
Maximum Aggregate Amount to be issued: $23,000,000
Name of Project: Bon Secours Apartments Consolidated
Number of Units: 117 Units
Perspective Location by Street: 1801,1802,1804,1807,1808,1810,
1812-1817.1819-1822,1824,1825,1827,1836,1937,1839,1840,1842
1846,1848,1850,1900,1904,1908,1910,1913,1916-1918,1932,1933
1935,1937,1941,2009,2011,2013,2017,2025,2138
West Baltimore Street, 1,3,5 S Fulton Avenue
Initial Owner, operator, manager: Bon Secours Apartments Consolidated LP
Maximum Aggregate Amount to be issued: $15,000,000
Members of the public are invited to present oral comments during the hearing or submit written comments in advance regarding the issuance of bonds, notes, or other obligations of the Administration and/or the State for the Projects being financed. Oral presentations will be limited to five (5) minutes per speaker.
- Deadline for Written Comments or Speaking Requests: Must be received by Wednesday, June 11, 2025
- Submit by Email:Benedict.Durant@maryland.gov
- Submit by Mail: Benedict Durant Housing Development Programs, Maryland Department of Housing and Community Development, 7800 Harkins Road, Lanham, MD 20706
- Questions or Additional Info: Call Benedict Durant at 301-429-7823
TTY users may contact DHCD through the Maryland Relay Service at 1-800-735-2258.
