Community Land Trust
5021 Lakeland Road — planned affordable home
College Park, MD, Prince George's County
Status: Development Pipeline
College Park approved 5021 Lakeland Road for one permanently affordable owner-occupied home developed with Habitat Metro Maryland and held in the Community Preservation Trust model. This is a future pipeline opportunity: the City has not published a buyer application, price, final design, construction start, or selection rules.
Availability, price, program funding, and final approval can change. Confirm them with the official source before acting.
Where this is in the pipeline
Development approvedThe project cleared its approvals. Homes are real but not built — this is the earliest point worth preparing for.
The City approved the property disposition for Habitat Metro Maryland and the Community Preservation Trust. No buyer application, price, final design, construction start, or selection process is published.
What to do now: Get your certificate done and your credit reviewed now. Buyers who wait until applications open usually cannot finish in time.
Funded through City of College Park affordable homeownership disposition. Developer: Habitat Metro Maryland.
See all homes coming before they’re listed →Advertised features and conditions
- Community Land Trust Structure — The City-approved disposition names the Community Preservation Trust as the long-term affordability partner.
- Owner Occupancy Period Required — The City action requires owner-occupied affordable homeownership.
- Resale Restriction — The Community Preservation Trust structure preserves long-term affordability; final buyer documents are not yet published.
Assistance programs that may apply
- College Park Community Preservation Trust — Confirmed compatible (The City disposition identifies the Community Preservation Trust as a project partner.)
- Habitat Metro Maryland Home Purchase Program — Confirmed compatible (The City disposition identifies Habitat Metro Maryland as the development partner.)
Program stacking is never guaranteed — confirm with the program or a participating lender.
Recommended next steps
- 1
Check the purchase terms
Ask the seller which conditions apply to this exact home. A financing promotion does not establish an income restriction or an application deadline.
- 2
Check availability
Confirm the home is still available and that the published price is current.
- 3
Prepare financing
Talk with a lender or counselor before relying on any assistance match.
HomeBase is not the listing broker, property owner, government agency, lender, or program administrator. Confirm availability, price, and eligibility with the official listing agent or program.