Raymond Nix has over 15 years of multi-disciplinary development and planning experience. His areas of expertise include neighborhood master planning and design development, site evaluation, modeling and assessment of complex financial proposals for mixed income and mixed financed transactions. He has worked with local banks, public/private agencies, and local and federal governments to implement financial tools ranging from Low Income Housing Tax Credits, HOME, CDBG, Federal Home Loan Bank’s AHP program, tax exempt revenue bonds, private mortgage financing, loan guarantees, HOPE VI funding, Brownfield credits, FHA credit enhancements, home buyer secondary mortgage assistance and conventional construction and permanent financing. In 2008, Raymond co-founded UrbanMatters Development Partners, LLC (UrbanMatters) in the District of Columbia as a full service real estate planning and development firm to improve the quality of life and strengthen economic stability of residents and distressed neighborhoods through strategic neighborhood revitalization, the provision of community services and the development of signature affordable housing. Since its beginning, UrbanMatters has been involved in the planning and development of more than 640 mixed income units of housing and approximately 21,000 square feet of resident supportive programming space.
Previously, Raymond served as Vice President of Development for TCG Development Services, an affordable housing developer specializing in HOPE VI development projects, where he oversaw development operations nationally and was directly responsible for the project planning and implementation of HOPE VI developments in North Charleston, SC., Charlotte, NC, Dayton, OH and Frederick, MD, totaling approximately 1,200 units, including public housing, community facilities, multi-family rental, independent senior and homeownership developments. Prior to that, Raymond began his career in affordable housing as a Project Manager with Enterprise Homes, a leader in affordable housing in the Mid-Atlantic region established as a subsidiary of the Enterprise Foundation, where he developed more than 350 units of rental and homeownership mixed-income housing in Baltimore, Maryland and the District of Columbia. As project manager, Raymond led the strategic planning, design development and secured the project financing and oversaw the development of Dupont Commons, named by Affordable Housing Finance magazine as one of the best affordable development’s in Washington, D.C. Developed as a master planned homeownership community in partnership with the Stoddert Terrace Tenant Council and the District of Columbia Housing Authority, Dupont Commons consists of 147 new townhomes homes purchased by first time homebuyers.