Working Together

We work to create solutions for everyone’s needs, including affordable housing in Montgomery County, by connecting community members, leaders, and experts to address challenges and promote housing opportunities.

Our work in affordable housing is made possible by the generosity of our sponsors. Sponsorships start at $250 — every contribution helps create real impact.

Park Montgomery West

8856 Piney Branch Rd, Silver Spring, MD 20903

The grand reopening of Park Montgomery and the opening of Park Montgomery West was celebrated on October 15, 2025. The joint project totaled $74 million in affordable housing development and was funded through a 2023 financing agreement that provided $10.6 million in lending to support the preservation and renovation of the Park Montgomery building, and the new construction of Park Montgomery West. The County also financed the project through Payment in Lieu of Taxes (PILOT) agreements, with an estimated annual value of $167,912 for Fiscal Year 2025 (FY25).

Park Montgomery West, formerly an outdated parking structure, was transformed to deliver 76 new, one-, two-, and three-bedroom sustainable housing units—all affordable to households earning 60% or less of the area median income (AMI)—to meet community needs. Located just a quarter mile from the future Piney Branch Purple Line station, the community provides residents with convenient access to employment, education, health care, and shopping across the region.

In addition to County financing, Park Montgomery West received equity through the federal Low Income Housing Tax Credit (LIHTC) program administered by the Maryland Department of Housing and Community Development. The ability to “twin” or simultaneously utilize two LIHTC programs is another key part of the financing for Park Montgomery. Securing a 9% tax credit for the construction of Park Montgomery West, and a 4% tax credit for financing renovations at Park Montgomery, the twinning of LIHTC creatively combined two separate tax credits to maximize the impact of affordable housing initiatives.

Soto Architecture & Urban Design served as project architect, Harkins Builders as general contractor, Charles P. Johnson & Associates as civil engineer, and Enterprise Residential provides property management and resident services.

Highlight from 2025 Winter/Spring Journal

The Role of Faith-Based Organizations in Affordable Housing Initiatives

by Jay Shuman

Partner, Nelson Mullins

page 32