Rivermark
Originally constructed in 1972 under the HUD 236 program, Rivermark (formerly known as 808 Memorial Drive) is the largest property in the HRI portfolio at 300 units. HRI acquired the property from a private owner in 1997 through the Low-Income Housing Preservation and Resident Homeownership program. Rivermark includes 300 homes, a 260-vehicle garage, and 20,000 square feet of commercial space. From 2020 to 2023, Rivermark underwent a substantial rehabilitation including robust energy conservation measures. We installed insulated metal panels over the pre-existing concrete exterior walls, upgraded plumbing systems to improve water conservation, and renovated units and common areas.