For Immediate Release: Thursday, March 26, 2026
Friday, March 27 at 10 a.m.
11500 Rockville Pike, Rockville
Montgomery County Executive Marc Elrich and County Councilmember Kate Stewart will join housing developer SCG Development Partners, LLC and other local and state officials on Friday, March 27, at a groundbreaking for the NoBE II affordable housing development in North Bethesda.
The Montgomery County Department of Housing and Community Affairs (DHCA) provided $38 million in direct financing and a Payment in Lieu of Taxes (PILOT) agreement to support the construction of the new development, which also was supported by Low Income Housing Tax Credits (LIHTC) and other funding provided by the State of Maryland. The property will include 265 housing units affordable to households earning 70% of Area Median Income and below.
WHAT: Groundbreaking for NoBE II affordable housing development
WHEN: Friday, March 27 at 10 a.m.
WHERE: 11500 Rockville Pike, Rockville (At Porcelanosa, across from the construction site)
WHO:
Advertisement
- Montgomery County Executive Marc Elrich
- Montgomery County Councilmember Kate Stewart
- Brien O’Toole, chief of housing production, Maryland Department of Housing and Community Development
- Steve Wilson, president, SCG Development
- Theresa Cameron, executive director, Pike District Partnership
# # #
Media Contact: Matthew Cournoyer 240-338-5078
Read the original article at mcgov