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  2. Board Of Aldermen - Agenda - 10/12/2021 - P142

Board Of Aldermen - Agenda - 10/12/2021 - P142

By dnadmin on Mon, 11/07/2022 - 07:07
Document Date
Fri, 10/08/2021 - 11:30
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 10/12/2021 - 00:00
Page Number
142
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__101220…

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.

https://imagine.nashuanh.gov

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.

Page Image
Board Of Aldermen - Agenda - 10/12/2021 - P142

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