Development agreement

Old Allegany High School, Allegany County, MD

On municipal recordAllegany 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

Approximate — centered on the jurisdiction (no exact street address on file).Esri World Imagery
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

  1. Filed with jurisdiction
    2026-08-06
    23 days on record
  2. Scored by Bedrock
    Relevance 5 / 5
    Automated land-use signal
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