Nova Ventures is a successor corporation to Nova-Habitat, Inc., focused on acquiring and redeveloping underutilized properties in the Washington DC metro area. It develops a range of product types, including single-family townhouses, condominiums, multifamily residential, senior independent and assisted living, and large-scale mixed-use projects, with a total project value of approximately $300 million over its history. The company forms joint ventures with private equity groups and uses public financing for affordable housing. Projects serve residential and mixed-use markets, working with neighbors, community groups, and regulatory officials. Nova Ventures is based in Chevy Chase, Maryland. It has received awards from the Urban Land Institute and American Institute of Architects. No specific founders, executives, technology details, or funding rounds are documented for this entity.