Maryland
152-Unit Affordable Housing Complex In Rockville Proposed: Report
ROCKVILLE, MD — A 1970s-era building located at 11800 Nebel St. in Rockville may be replaced by a 152-unit, affordable housing project, according to reports.
TM Associates Development submitted a proposal to Montgomery County to construct a seven-story building, with several floors of apartments and one level of private structured parking, according to Urban Turf. Proposed amenities include a community room, fitness center, and a business center.
To help fund the project, TM Associates is applying for low-income housing tax credits from the Maryland Community Development Administration, according to Urban Turf. The company is also seeking financial support from the Amazon Housing Equity Fund and Montgomery County.
Read Urban Turf’s full report.