Maryland’s Community Development Administration (CDA), which operates under the Department of Housing and Community Development (DHCD, is issuing $178 million in sustainability bonds to support the rehabilitation of Villages at Marley Station, a 757-unit multifamily development in Glen Burnie, Anne Arundel County.
The development, consisting of 26 low-rise buildings on approximately 32 acres, will begin in December and is expected to be completed in three years. It will incorporate energy-efficient features.
