Post Type Archives: News

“The Charleston Housing Authority (CHA) has received final approval from the City of Charleston’s Board of Architectural Review (BAR) for the redevelopment of 275 Huger Street, advancing a key affordable housing project on the peninsula.” Read the full article…

“The Washington Metropolitan Area Transit Authority has selected Northern Real Estate Urban Ventures and Nix Development Co. to develop the 1.1-acre site in Ward 7. The project, which isn’t yet financed, is planned to include 169 mixed-income residential units with ground-floor retail.” Read full article.

“Atlantic Pacific Cos. and Nix Development Co. have completed Dix Street Residences, a 47-unit affordable senior housing community in Washington, D.C.” See full article.

“Boutique real estate development and advisory firm Nix Development Company is leveraging strong industry connections and a community-centric strategy to bring new affordable housing to communities on the East Coast. “The company is led by Founder and President Ray Nix, who has over 25 years of experience in the affordable housing industry. Since its founding …

Continue reading “Nix Development featured in Spring 2024 Edition of Affordable Housing News“

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“The tax credits fetch higher or lower prices depending on current tax laws, expectations about inflation and other factors. So the government gives up a dollar of tax that would otherwise be owed, and low-income housing developers get less than a dollar in return.” “For Esau Jenkins Village, federal income tax credits were sold for …

Continue reading “Esau Jenkins Village in the News”