CONSTRUCTIONPENDING

City of College Park Mayor and Council Meeting Agenda Feb 2026

City to Sell Lakeland Property for Affordable Housing Project

$105,426.25 (sale price); $100,000 Partnership grant to Habitat for construction (City contribution)City of College ParkHABITAT FOR HUMANITY METRO MARYLAND INCFebruary 24, 2026

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Description

The City of College Park plans to sell 5021 Lakeland Road to the CP Land Trust and partner with Habitat for Humanity Metro Maryland for construction of a permanently affordable homeownership unit. The total transaction includes a $105,426.25 sale price and $100,000 in construction grant funding.

Contract Details

Contract Amount

$105,426.25 (sale price); $100,000 Partnership grant to Habitat for construction (City contribution)

Vendor

HABITAT FOR HUMANITY METRO MARYLAND INC

Agency

City of College Park, MD

Contract Type

CONSTRUCTION

Document Date

February 24, 2026

Contract Term

To settlement by end of April 2026; affordable homeownership unit will then be constructed and sold per Land Trust requirements

Renewal Date

2026-04-30

Renewal Info

Development will be limited to specific affordable housing, and the property will be subject to long-term affordability covenants through the Land Trust. Sale, grant agreement, and restrictive covenants are pending final Council approval; settlement before end of April 2026 required for funding.

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