The NRP Group, a vertically integrated, best-in-class developer, builder, and manager of multifamily housing, in partnership with Marshall Heights Community Development Organization, Inc. (MHCDO), has closed on construction financing for Emblem, a 115-unit, entirely affordable housing community in the middle of the thriving NoMa and Union Market neighborhoods. The community will be entirely reserved for families and individuals earning up to 30% and 50% of the Area Median Income (AMI).
Located at 301 Florida Avenue NE, Emblem will be built on a triangular 2/10-acre site in the heart of the District and just over one mile from the U.S. Capitol Building. Future residents will be within walking distance of the city’s Metro system and two high-frequency bus lines, allowing easy access to employment, education and recreation opportunities.
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