“…About five years ago, PNBC decided to use part of their land to build 100% affordable housing in the neighborhood, said Raymond Nix of Nix Development Company and PNBC. Once the 93-unit building is complete, 35 of the units are reserved for Lincoln Heights residents as part of NCI. The remaining units will be rented at 60% AMI. They will have in unit laundry, community spaces, and other amenities, Nix said…”
“The Charleston Housing Authority plans to demolish a 12-apartment complex for low-income tenants on the peninsula and build 85 apartments in its place, creating more affordable housing with no upfront cost to the authority.”
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Our Founder and President, Ray Nix, honored by The Ohio State University School of Engineering for the 2020 Distinguished Alumni Award for Career Achievement. Proud to be a Buckeye!
Nixdev and The Hampstead Companies were credited with creative solutions, in the Novogradac Journal of Tax Credits. Read the Article.
“This project will leave a legacy of authentic community development. It is only fitting that citizens of the Truxton Circle community, during their senior years have an opportunity to live in high quality and affordable housing in their own neighborhood”, says Raymond L. Nix, President of UrbanMatters.
Mayor Muriel Bowser joined District residents and developers for the groundbreaking of the Brightwood Portfolio, a plan to create and preserve 140 affordable apartments for families across three historic buildings in Ward 4’s Brightwood neighborhood. Read the full story.