210 On the Park affordable housing bond inducement
Prince George's County
Summary
A $77 million, 150-unit affordable apartment complex near the Capitol Heights Metro is getting the county's blessing via revenue bonds and state tax credits. Units target households earning 40-60% of area median income.
At a glance
- Total mentions
- 2
- Last 30 days
- 1
Discussed at 2 meetings in the last 60 days; most recently Oct 13, 2026.
Impact analysis
Total financing of about $76.97 million, with the Housing Authority expecting roughly $755,000 in revenue over the life of the loan.
Lower-income households get affordable units near transit; the area gets 290 construction jobs and 78 permanent jobs.
Mentions & discussions (2)
County Council - Oct 13, 2026
The Council approved the financing path for the 210 On the Park project, letting the Housing Authority issue revenue bonds and the developer claim state low-income housing tax credits. This moves an affordable housing development forward in the county.
Planning, Housing and Economic Development Committee - Oct 1, 2026
A $77 million, 150-unit affordable apartment complex near the Capitol Heights Metro is getting the county's blessing via revenue bonds and state tax credits. Units target households earning 40-60% of area median income.
Related development
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