This Opportunity Zone project is scheduled for completion next year.
Washington, D.C, remained one of the nation’s sturdiest rental markets.
The plan envisions a 532-unit mixed-income community.
EagleBank is providing the construction loan for the project.
At the International Builders’ Show, experts predicted that construction starts will decline this year.
The project will install 2.2 megawatts of solar panels across more than 500 units.