Tall & Urban News

Construction financing for Emblem, a 115-unit affordable housing project in Washington, D.C.'s vibrant NoMa and Union Market neighborhoods has been secured. This development will offer much-needed deeply affordable housing, with all units reserved for families and individuals earning up to 30 percnet and 50 percent of the Area Median Income (AMI).

Located at 301 Florida Avenue NE, Emblem will occupy a triangular 0.2-acre site in the heart of the District, just over a mile from the U.S. Capitol. The design has been referenced to look similar to the Flat Iron Building in New York City. The project is strategically positioned within walking distance of the Metro system and two high-frequency bus lines, providing residents with convenient access to downtown D.C., employment centers, educational institutions, and recreational opportunities.

The development is designed with a range of amenities to enhance residents' quality of life, further solidifying NoMa and Union Market's reputation as dynamic, walkable neighborhoods rich in cultural and commercial offerings. Emblem's introduction into these communities is set to contribute to the ongoing revitalization efforts, providing affordable housing options in an area known for its rising property values and burgeoning popularity. The NRP Group, in partnership with the Marshall Heights Community Development Organization, Inc. (MHCDO) are the developers.

For more on this story go to NRP Group.