University of Maryland football followers who make the pilgrimage next weekend to State College, Pa., for the heralded match-up with Penn State might take a few moments there to see Toftrees, a planned 750-acre community that combines hundreds of attractive garden apartments, town houses, single houses, a lodge and a spectacular golf course. Located on the outskirts of the Central Pennsylvania college town, Toftress is a development of Federated Home & Mortgage Co. Inc., headed by Philip H. Sieg and Alex Gregory. They began the development in the mid-1960s and used the architectural and planning concepts of architect Alan Meyers of Bucher-Meyers, Silver Spring. Meyers, who had previously designed apartment buildings in State College, said that Toftrees represents a tribute to the mountain site, the vision of the developers and public acceptance. At Toftrees, where town houses range from $65,000 and singles from $80,000, Meyers is remembered for the spectacular Papillon restaurant and clubhouse and for staying up until 2 a.m. one night in 1972, prior to the opening, to adjust the lighting system.

Elizabeth (Liz) Caddell has set up her own new firm, Crossroads Realty Ltd., in the former Happy Pickle restaurant-bar site in Potomae Village. The Victorian building has been refurbished and now houses a branch of the Maryland National Bank, a Shannon & Luchs' realty office on the second floor and Crossroads in the basement. Caddell left Stuart & Maury in June, after seven years of high-volume sales. Before she went into real estate, she was a clinical nursing instructor at Milwaukee's Children's Hospital for 10 years, Her husband, Henry, is a licensed broker with the firm. He had previously been in computers with General Electric and then briefly with the government.

The Rev. Clyde Finley, pastor of River View Baptist Church in Woodbridge, has a new perspective on church housing. He and his wife Eula recently became the the owners of a new Pinewood Mills house there. "I wich all churches would get out of the housing business, "he said. His church provides a housing allowance instead of a parsonage. Four years ago the Finleys bought a home in Marumsco Hills and used their equity and nearly $10,000 profit to get into a $70,000 home, the 10,000th built by veteran developer Harold Sampson.

Finley added: "The appreciation of my Marumso Hills home, along with the tax advantage of owning it, are far more than I would have derived from living in a church-provided parsonage. It was the first time I was able to buy and home and prepare for my retirement. So many retired ministers hwo have lived in parsonages throughout their careers have no place to go and cannot afford to buy adequate housing on their pensions. The Finleys' four-bedroom, two-story colonial house is near the church.