The Highlands Senior Apartments is a newly constructed 137-unit affordable senior housing community for residents age 62 and older located at 6801 Sheriff Road in Landover, Prince George’s County, Maryland. Developed through a 4% tax-exempt bond and Low-Income Housing Tax Credit (LIHTC) structure, the project provides safe, modern, and professionally managed housing designed for low- and moderate-income seniors, many of whom are on fixed incomes. The property expands the supply of quality affordable housing in a high-cost Washington, D.C. metropolitan area while helping seniors remain independent in a stable residential environment close to transportation, healthcare, and neighborhood services. The development also delivers broader community benefits by replacing underutilized land with long-term affordable housing, generating local construction and permanent jobs, and supporting inclusive economic development in Prince George’s County. Valhalla Finance & Tax Advisory advised a bank client that provided both the LIHTC equity investment and the tax-exempt construction bond financing, helping structure a financing solution that enabled the project to move forward and deliver meaningful housing stability for the region’s growing senior population.
The Highlands Senior Apartments
