WASHINGTON, D.C. — The NRP Group and housing nonprofit Marshall Heights Community Development Organization (MHCDO) have broken ground on The Waymark, a 109-unit mixed-income housing community located at 4435 Benning Road NE in Washington, D.C. Situated in the city’s Ward 7 near the Benning Road Metro station, the nine-story property will feature studio, one-, two- and three-bedroom units reserved for families and individuals earning up to 30, 50 and 80 percent of the area median income (AMI), with 22 units reserved as permanent housing for individuals at risk of homelessness. Future residents will be one Metro stop away from RFK Stadium, the future home of the Washington Commanders NFL team. Amenities at The Waymark will feature a multi-use space on the first floor, a fitness center and onsite resident programs, including financial literacy workshops and job readiness training. Financial partners include DC Department of Housing and Community Development (DHCD), which provided debt; the DC Housing Finance Agency (DCHFA), serving as the bond issuer; and DC Green Bank, supporting sustainable development initiatives. Private sector partners include KeyBank Real Estate Capital as the lender and U.S. Bank as the tax credit investor. NRP Group and MHCDO plan to deliver the community by the…
The post NRP Group, MHCDO Break Ground on 109-Unit Mixed-Income Community in D.C. appeared first on REBusinessOnline.
The Waymark is a nine-story mixed-income housing development coming to Washington, D.C.'s Ward 7. (Rendering courtesy of The NRP Group)
WASHINGTON, D.C. — The NRP Group and housing nonprofit Marshall Heights Community Development Organization (MHCDO) have broken ground on The Waymark, a 109-unit mixed-income housing community located at 4435 Benning Road NE in Washington, D.C. Situated in the city’s Ward 7 near the Benning Road Metro station, the nine-story property will feature studio, one-, two- and three-bedroom units reserved for families and individuals earning up to 30, 50 and 80 percent of the area median income (AMI), with 22 units reserved as permanent housing for individuals at risk of homelessness.
Future residents will be one Metro stop away from RFK Stadium, the future home of the Washington Commanders NFL team. Amenities at The Waymark will feature a multi-use space on the first floor, a fitness center and onsite resident programs, including financial literacy workshops and job readiness training.
Financial partners include DC Department of Housing and Community Development (DHCD), which provided debt; the DC Housing Finance Agency (DCHFA), serving as the bond issuer; and DC Green Bank, supporting sustainable development initiatives. Private sector partners include KeyBank Real Estate Capital as the lender and U.S. Bank as the tax credit investor. NRP Group and MHCDO plan to deliver the community by the end of 2027.
| # | Наименование новости | Тональность | Информативность | Дата публикации |
|---|---|---|---|---|
| 1 | IPA Arranges $27M Acquisition Loan for Apartment Community in D.C’s NoMa District | 0 | 6.5 | 29-05-2026 |
| 2 | Cushman & Wakefield Arranges $56.6M Refinancing of Luxury Multifamily Community in D.C. | 0 | 11.2 | 17-07-2026 |
| 3 | Meridian Capital Arranges $50M Refinancing for Langston Views Apartments in D.C. | 0 | 10.21 | 05-05-2026 |
| 4 | Berkadia Secures $37.6M C-PACE Loan for Outpatient Medical Facility in D.C. | 0 | 13.35 | 05-06-2026 |
| 5 | PCCP Provides $61.3M Loan to Refinance 287-Unit Apartment Community in Washington, D.C. | 0 | 9.71 | 02-07-2026 |
| 6 | Northmarq Arranges Sale of 190-Unit Multifamily Property in Jeffersonville, Indiana | 0 | 6.96 | 07-08-2026 |
| 7 | Garfield Investments, Broad Creek Capital Buy Office Building in D.C., Plan $10M Renovation | 0 | 6.79 | 30-07-2026 |
| 8 | Richman Group, Monadnock Plan to Build 420 Units in East Harlem | 0 | 9.16 | 29-07-2026 |
| 9 | PRP Acquires 116,385 SF Office Tower in Downtown D.C. | 0 | 10.98 | 07-08-2026 |