Thoughtful reinvestment and strong partnerships help preserve affordable housing and strengthen rural Maryland communities.

Foundation Development Group and Pax Development are proud to announce that Towns at Patuxent Overlook has received the Maryland Affordable Housing Coalition’s (MAHC) Rural Housing Project Award.

Located in Lexington Park, Maryland, Towns at Patuxent Overlook is a 38-unit affordable housing community, managed by Benton Communities, that recently underwent a comprehensive revitalization. The award recognizes the project’s thoughtful approach to preserving and improving affordable housing in a rural community, where development resources and opportunities can often be limited.

Investing in Better Homes and Stronger Communities

The revitalization of Towns at Patuxent Overlook focused on more than updating a property. It was an opportunity to make meaningful improvements that better serve residents today while supporting the community’s long-term sustainability.

Key improvements included:

• Modern apartment upgrades to enhance comfort and functionality.
• Accessibility improvements to better accommodate residents’ needs.
• Energy-efficient enhancements to support long-term sustainability.
• Expanded resident amenities to improve the overall living experience.
• Property improvements designed to strengthen safety and preserve long-term value.

Together, these investments have renewed the community while helping ensure it remains a valuable source of affordable housing for local residents.

Preserving Affordable Housing for the Future

Affordable housing preservation plays a critical role in the stability and growth of rural communities. In areas where new development can be challenging, reinvesting in existing properties offers an important opportunity to protect housing resources while improving the quality of life for residents.

Towns at Patuxent Overlook demonstrates what can be accomplished through strategic reinvestment, innovative financing, and collaboration among development partners. By addressing both the physical needs of the property and the everyday needs of its residents, the project helps create lasting value for the Lexington Park community.

Building Communities That Thrive

At Foundation Development Group, we believe successful development is about more than buildings. It’s about creating and preserving places where people can feel at home and communities can thrive.

We are grateful to MAHC for this recognition and proud to share this achievement with Pax Development and the many partners whose collaboration made the revitalization possible.

Together, we are helping preserve affordable housing opportunities and build a stronger future for Maryland communities.