The NRP Group, a vertically integrated, best-in-class developer, builder and manager of multifamily housing, in partnership with Marshall Heights Community Development Organization (MHCDO), announced the financial closing and groundbreaking of The Waymark, a 109-unit, affordable community in Washington, D.C.’s Ward 7. The new housing development will be reserved for families and individuals earning up to 30 percent, 50 percent and 80 percent of the Area Median Income (AMI).
“This is a uniquely challenging site, but it offers great connectivity through the nearby Metro station and bus lines,” said Chris Marshall, vice president of development at The NRP Group. “The Waymark exemplifies our strategic approach: partnering with mission-driven organizations like MHCDO to fearlessly tackle tough but very well-located sites, to ensure that cost-burdened families can afford easy access to transportation options and daily amenities. This project is a testament to the district
