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Project · Prince George's County, MD · Updated 2 days ago

Selborne House preservation / re-syndication

City of LaurelUrban AtlanticApprovedResidential

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Sourced from Prince George's County meeting, Apr 22, 2026. ZoneWire tracks 134 projects in Prince George's County, MD, updated within 24h of every meeting.

Where this stands

Senior low-income housing project in its 28th year; low-income tax credits set to expire in 2028. County exercised right of first refusal below the council-approval threshold. Urban Atlantic to upgrade the building and extend LIHTC life; agreement allows 7% rent increase in year one, then 3% per year. Concern raised about senior displacement.

Case factsSource: ZoneWire
Project
Selborne House preservation / re-syndication
Asset class
Residential
Developer
Urban Atlantic
Location
City of Laurel
County
Prince George's County, MD
Jurisdiction
Prince George's County
Current status
Approved

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ResidentialApprovedCity of LaurelPrince George's County, MD

Selborne House preservation / re-syndication

Approved

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