Public Hearing on Proposed Issuance of Housing Bonds – November 2, 2026

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.

You can only join the public hearing by phone:

• Date: Monday, November 2nd, 2026
• Time: 11:30 am to 12:30 pm
• Call-in Number (Toll-Free): 1-800-201-5203
• PIN: 758524

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

Questions about the TEFRA process can be submitted to:

• Mailing a written request to:
   Benedict Durant
   7800 Harkins Road
   Lanham, MD 20706
• Emailing: [email protected]
• Calling: 301-429-7823

List of projects

Name of Project: Flats at College Park         

Number of Units: 318 Units

Prospective Location by Street: 9113 & 9137 Baltimore Avenue, 4801 Delaware Street

College Park Maryland 20740        

Prince George’s County

Initial owner, operator, or manager: RST Development, LLC

Maximum Aggregate Amount of obligations to be issued: $86,000,000

Name of Project: Poe Homes Phase 1 

Number of Units: 75 Units

Prospective Location by Street: Corner of W. Lexington Street and N. Fremont Avenue, 

Baltimore, Maryland 21201 longitude 39°17’29.3ˮN, latitude 76°37ˮ51.3ˮW

Baltimore City

Initial owner, operator, or manager: AHZ, Inc.

Maximum Aggregate Amount of obligations to be issued: $11,000,000

Name of Project: Port Street Senior 

Number of Units:64 Units

Prospective Location by Street: Southeast corner of Easton Parkway 

and Port Street intersection Easton, Maryland 21601 

Talbot County

Initial owner, operator, or manager: Osprey Property Company II LLC.

Maximum Aggregate Amount of obligations to be issued: $10,000,000

Name of Project: Perkins Phase III 

Number of Units:152 Units

Prospective Location by Street: 202-228 (even), 201-229 (odd) & 233-269 (odd) 

Mason Court, 203-229 (odd), 200-228 (even) & 232-268 (even) S. Herring Court

Baltimore, Maryland 21231 

Baltimore City

Initial owner, operator, or manager: McCormack Baron Salazar, Inc.

Maximum Aggregate Amount of obligations to be issued: $44,000,000

Public comments and speaking requests

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 Sunday, November 1st, 2026
• Submit by Email:
  [email protected]
• 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.