NRP, Marshall Heights to Kick Off Affordable Project
The property is set to come online by the end of next year.
A partnership between NRP Group and Marshall Heights Community Development Organization will break ground this week on The Waymark, a 109-unit affordable project in Washington, D.C. Delivery is scheduled for the end of 2027.
The future community will house individuals and families earning up to 30, 50 and 80 percent of the area median income. Additionally, 22 units will serve as permanent housing for individuals risking homelessness or having previously been unhoused.
Alongside the two companies, project partners include the DC Department of Housing and Community Development, the DC Housing Finance Agency, DC Green Bank and KeyBank.
The construction at The Waymark comes quickly after NRP broke ground on a mixed-income project last month, in Austin, Texas. The 341-unit development represents the first phase of a 675-apartment project on a former school site. The company ranked third nationwide among the top multifamily developers in 2025, having delivered almost 12,000 units between 2022 and 2024, with another 13,694 units under construction, as of June 2025.
A look at The Waymark
The community will rise nine stories at 4435 Benning Road NE and feature residences with one- to three-bedroom layouts. Shared amenities will include a fitness center, a reservable family function room for events and gatherings and an outdoor playground.
Located in D.C.’s Benning neighborhood, within Ward 7, The Waymark is near the Benning Road metro station, which connects the future community to downtown, 6 miles west. The development is also equidistant between Fort Mahan and Fort Chaplin parks, as well as within 1 mile southeast of D.C. Route 295.
D.C. maintains development activity
Over the course of 2025, Washington, D.C. saw 15,509 residential units delivered, accounting for 2.4 percent of existing inventory. The number of completed units reached the 15,500 average the metro recorded over the past five years. Only 12 percent of the total number of units delivered were part of fully affordable communities, according to a recent Yardi Matrix report.
As of December 2025, the metro has 19,943 residences under construction and another 230,000 in the planning or permitting stages, with only 25 percent of them across fully affordable projects. Last year, construction starts amassed to 32 projects totaling 7,500 units, slightly below 2024’s figures.
