Board Of Aldermen - Agenda - 10/12/2021 - P142
Imagine TEENA
The City will need to
encourage and support more
development to provide
the housing that is clearly
needed to support our current
and future residents and
businesses.
Implementation Report Card
Baseline —> 2030 Target
Housing units (increase from
base) - Housing Study
34018 —>39018
Housing affordability: cost
burden - rental
41% —>38%
Housing affordability: cost
burden - owner
26% —>22%
118
Create a greater mix of housing
types that are accessible to
Nashua residents at all life stages,
household compositions, physical
abilities, and socioeconomic levels
as identified in the 2020 City
Housing Study
Promote
mixed-income and
multigenerational
neighborhoods
by enabling the
development and
distribution of a wider
range of housing types
throughout the city.
Allow denser
multifamily and mixed-
use development through
rezoning in appropriate
redevelopment areas
identified through the
Imagine Nashua visioning
and planning process to
improve the supply-side
availability of residential
and commercial space.
Timeframe: Near-term
Advance key
recommendations
suggested in the 2020
Housing Study including:
Recommendation 1
Timeframe: Near/Medium-term
This includes two and three-
family dwellings, townhomes, and
community housing.
Timeframe: Near-term/Ongoing
Create an Affordable Housing
Trust Fund.
Place the oversight of the
Affordable Housing Trust
(AHT) within the Community
Development Division to
create synergy with the City’s
Consolidated Plan, Master Plan,
development permitting, and
connections with other housing
partners.