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Founder, Ray Nix, quoted in Columbus, Ohio project announcement
‘“The Near East Side is experiencing a renaissance of revitalization,” said Ray Nix, founder and president of Nix Development Company. “The Scarborough will provide one of the most vulnerable populations with an affordable community of choice and an opportunity to age in place in this historic community.”’
Raymond Nix gives testimony at the City of Charleston Community Development Meeting 11/17/22
Johns Island affordable housing complex $2M short as state tightens belt on tax credits
“Among other changes, it stated that the amount of tax credits that an individual project receives is based on whatever the anticipated cost of the project is when it is first proposed, not when it breaks ground. If, after going through months to years of approval processes, the estimated total cost of the project goes up, the amount of tax credits allocated to the project when construction begins will not increase. That’s what caused the funding gap for the Johns Island complex, developer of the project Raymond Nix said.”
Nix Development Company, LLC helps Rockville Housing Enterprise preserve 177 Units of Affordable Housing at Parkside Landing Apartments
DC leaders celebrate new affordable homes in Northeast
“…Two affordable housing communities will deliver 179 new units to D.C. residents in Ward 7. Mayor Muriel Bowser was among the District leaders who cut the ribbon on the two “100% affordable housing communities” Providence Place and The Strand Residences in Northeast on Thursday…”
Raymond Nix selected for Capital Impact Partner’s inaugural class its Housing Equity Accelerator Fellowship
“…The level of talent and the desire to support affordable housing initiatives that we have seen through this program so far are energizing,” said Catherine Buell, director of the Amazon Housing Equity Fund. “Bringing more diverse voices, ideas and perspectives into the conversation around inclusive community building is how we are going to make the most meaningful and lasting change to affordable housing….”