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Emblem Breaks Ground: A Beacon of Affordable Housing in Washington D.C.’s NoMa District

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Emblem Breaks Ground: A Beacon of Affordable Housing in Washington D.C.’s NoMa District

Multifamily Newsroom™, News

In the heart of Washington D.C.’s NoMa and Union Market neighborhoods, an inspiring new chapter for affordable housing is taking shape. The NRP Group, in partnership with Marshall Heights Community Development Organization, Inc. (MHCDO), has successfully closed on construction financing for Emblem—a 115-unit development dedicated entirely to affordable housing. Emblem’s doors will open to families and individuals earning up to 50% of the Area Median Income, marking a significant stride towards inclusive living in a high-opportunity district.

Breaking ground on Emblem is not just a step, but a leap forward in addressing the capital’s housing needs. “Together with our dedicated partners, NRP and MHCDO have set the standard for bringing deeply affordable housing to a high-profile, high-opportunity neighborhood,” heralds Chris Marshall, Vice President of Development at The NRP Group. This venture promises an end to long commutes for D.C.’s service and hospitality professionals by offering a place of residence that cherishes walkable convenience and cultivates community spirit.

Strategically located at 301 Florida Avenue NE, Emblem champions accessibility, nestled just over one mile from the U.S. Capitol and within reach of public transportation hubs. This ensures that education, employment, and recreational pursuits are well within grasp for residents, instilling a commitment to both personal and communal growth.

Adjacent to the Union Market District, Emblem residents will enjoy a wellspring of cultural and culinary delights, while proximity to educational institutions and trails further fuels an environment ripe for growth and enrichment. Babatunde Oloyede, president and CEO of MHCDO, emphasizes the transformative potential of this project, “This new community will both enhance the neighborhood’s dynamic atmosphere and provide much-needed affordable housing.”

D.C. leaders stand united in their vision for inclusivity. Deputy Mayor Albert echoes Mayor Bowser’s charge for collaboration across sectors to actualize this vision, celebrating Emblem as an embodiment of the city’s vibrant future.

Colleen Green, Director of the DC Department of Housing and Community Development, remarks on the complexity and ultimate reward of such projects, with a focused goal on enabling residents to flourish within the city’s bounds. Emblem’s recognition as the 21st endeavor within the DC Housing Finance Agency’s risk share portfolio heralds a new partnership with The NRP Group, set to infuse NoMa with equitable diversity.

Emblem promises not just a home, but a habitat rich with amenities designed to nurture families and empower individuals. A playroom, bike storage, and a multifaceted community center all speak to the multifamily housing industry’s evolution—one that not only respects resident needs but actively fosters their aspirations.

This groundbreaking endeavor, encouraging growth for both the neighborhood and its future inhabitants, is scheduled to commence construction in 2024 and reach completion in 2026. Partnerships with esteemed financial and government bodies reflect a dedication to prudent execution, illustrating a facet of innovation and industry leadership that is emblematic of progress. Emblem stands as more than a development; it is a bold promise for a more inclusive and thriving D.C. community.