Development agreement
Old Allegany High School, Allegany County, MD
5/ 5
Prime signal
Bedrock impact score
Action type
Development agreement
Asset class
Multifamily / Residential
Status
On municipal record
Filed
2026-08-06
Jurisdiction
Allegany County, MD
Days on record
23 days
01Investment highlights
Why this deal matters
- Development agreement in Allegany County, MD · Multifamily / Residential
- Bedrock impact score 5 of 5 — Prime signal
- Horton has secured a county-backed development agreement on a 11.87-acre infill redevelopment site
- Signals cleared entitlement path and county support for competing residential projects in this market.
- On the municipal record 23 days (filed 2026-08-06)
02Deal summary
The rationale
D.R. Horton has secured a county-backed development agreement on a 11.87-acre infill redevelopment site — signals cleared entitlement path and county support for competing residential projects in this market.
Allegany County Commissioners approved a Land Development Agreement with D.R. Horton, Inc. to redevelop 11.87 acres on the former Allegany High School site into 65 market-rate affordable homes.
03Deal facts
The filing record
- Jurisdiction
- Allegany County, MD
- Action type
- Development agreement
- Asset class
- Multifamily / Residential
- Applicant
- D.R. Horton, Inc.
- Status
- On municipal record
- Filed
- 2026-08-06
- Days on record
- 23 days
04Location
Where this sits
Old Allegany High School, Allegany County, MD
39.61230, -78.70310 · approximate (jurisdiction center)
Area demographics
Allegany County
71,002
Population
$49,449
Median HH income
27,369
Households
$562
Median rent
U.S. Census · ACS 5-year
05Record timeline
Filing to current status
- Filed with jurisdiction2026-08-0623 days on record
- Scored by BedrockRelevance 5 / 5Automated land-use signal
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