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Project · Prince George's County, MD · Updated today

New Carrollton Affordable Phase Four

between Pennsy Drive, Route 50 and Corporate Drive, New CarrolltonUrban Atlantic Development LLCApprovedResidential
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Sourced from Prince George's County meeting, Nov 17, 2025. ZoneWire tracks 109 projects in Prince George's County, MD, updated within 24h of every meeting.

Where this stands

102 affordable rental units for families earning 70% or below AMI; final phase near New Carrollton Metro Station; total development cost ~$40,108,565; PILOT foregoes ~$6.4M (61.6%) over 40 years; $2.5M HOME funds reallocated

Case factsSource: ZoneWire
Project
New Carrollton Affordable Phase Four
Asset class
Residential
Developer
Urban Atlantic Development LLC
Location
between Pennsy Drive, Route 50 and Corporate Drive, New Carrollton
County
Prince George's County, MD
Jurisdiction
Prince George's County
Current status
Approved

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Topics
ResidentialApprovedbetween Pennsy Drive, Route 50 and Corporate Drive, New CarrolltonPrince George's County, MD

New Carrollton Affordable Phase Four

Approved

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