Post Type Archives: News
Trinity Baptist Church Partners with Nix Development for Senior Housing
‘“The partnership with National Church Residences and Nix Development Company will ensure that the ministry footprint of Trinity Baptist Church reaches beyond the pews in this community,” said Victor Davis, pastor at Trinity Baptist Church, in a press release. “The Scarborough will utilize the church’s land to assist with the stabilization of our community and …
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Esau Jenkins Village Financing Complete for Construction
“Esau Jenkins Village, a new 72-unit affordable senior housing community, led by Maryland based developer Nix Development Co. through a strategic partnership with Sea Island Comprehensive Health Care Corp. (SICHCC), and Ward Mungo Construction LLC closed on $26 million of project financing on Dec. 22, according to a news release.” Read the full article.
Ray Nix serves as a expert panelist on 2023 Enterprise Faith Based Development Initiative Summit
President Ray Nix provides testimony for $12MM Bond Financing during City of Charleston Ways & Means Committee of City Council for Esau Jenkins Village project.
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.”’ Read the full article.
Ray Nix to serve as a program mentor for emerging developers accepted into Cleveland Development Advisor’s Equitable Development Initiative
See the full details here.
The 2023 Cohort Graduates of Capital Impact Partner’s Inaugural Housing Equity Accelerator Fellowship
On Tuesday, October 10, 2023, Ray Nix, Founder and President of Nix Development Company, LLC joined cohort members, Momentus Capital executives, Amazon Housing Equity Fund leadership, and family and friends to celebrate the completion of Capital Impact Partners’ Housing Equity Accelerator Fellowship (HEAF) program. Read the full press release.
Housing Equity Accelerator Fellowship: Supporting Developers of Color & Affordable Housing
The Housing Equity Accelerator Fellowship builds on Capital Impact’s successful Equitable Development Initiative training program, and facilitates new opportunities for real estate developers of color while also increasing affordable and workforce housing across the Washington metro region. https://nixdevco.com/manage/wp-content/uploads/2023/10/housing-equity-accelerator-fellowship-supporting-developers-of-color-and-affordable-housing.mp4