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Affordable housing coming to New Carrollton, Md., transit hub

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“Consumers in search of affordable housing often find themselves in a “drive until you qualify” situation, moving farther from their workplace and public transportation. Urban Atlantic and the Washington Metropolitan Area Transit Authority recently announced that construction will begin soon on new transit-oriented housing at below-market rates as part of the transformation of the New Carrollton transit hub in Maryland.

The 291-unit apartment building is supported by the Amazon Housing Equity Fund, which has committed $125 million to expedite development of affordable homes near Metro stations in Maryland, D.C. and Northern Virginia. Metro’s Joint Development Program sells and leases land next to Metro stations to encourage transit-oriented development.”

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