OnyxGroup

Overview

OnyxGroup is a Boston-based, Black woman-owned real estate development firm specializing in affordable housing projects. Their mission is to build quality housing, preserve culture and community, promote diversity and inclusion, and create developments that address the socio-economic needs of residents through conscious-based programs and services. They focus on building quality affordable housing while providing intentional specialized focus on equity and inclusion of local residents. Their approach to development starts and ends with people, bridging the communication and development gap between the community and the developer, forming partnerships to develop communities focused on inclusivity and tangible equitable growth, starting with local residents. They invest in the places they develop, motivated by building communities that reinvest in themselves and aim to be a bridge to developing equity and opportunity. They are a viable resource for the communities they develop, as well as consulting and partnering with major and private industries to liaise and link with the surrounding communities while increasing financial resources, job growth, educational and trade opportunities. They build with purpose, creating communities where local residents can live and work, have access to wealth-building resources, and have an equitable stake in their cities and towns. They understand the needs of affordable housing because they have lived it, and believe that affordable housing does not have to be synonymous with poverty. Most developers that have developed affordable housing never had to live in it, but they have lived it and are committed to making it happen.

Investment Focus

• Affordable housing projects
• Community-focused developments
• Partnerships with local residents and organizations

Portfolio Companies