ORDINANCE O-21-073
AFFORDABLE HOUSING
Any housing unit for which occupancy is limited to households at or below income
levels for which the unit is intended to be affordable and for which maximum rents
or sales prices are set so the unit will be affordable at or below that income level.
AREA MEDIAN INCOME (AMI)
The most current median income in the HUD Metropolitan Fair Market Rent Area
(HMFA) for Nashua, NH, adjusted for the number of persons in the household, as
determined by the U.S. Department of Housing and Urban Development.
CDD
Community Development Department of the City of Nashua, or its successor. .
COMMUNITY HOUSING DEVELOPMENT ORGANIZATION (CHDO)
As defined in 24 CFR § 92.2, which is hereby incorporated by this reference.
DOWNTOWN
Any lot, parcel or tract within a contiguous area that is located within the D-1 or D-
3 zoning districts.
HOUSING DEVELOPMENT
Creation of new housing units through new construction and/or conversion of
existing space currently or previously used for non-residential purposes.
Renovation of existing housing units is not considered housing development for the
purposes of this § 190-48, unless it creates additional housing units in which case
the net new number of units shall be considered Housing Development.
OWNERSHIP HOUSING
Any dwelling unit intended to be conveyed in fee simple, condominium, or equity-
sharing arrangement such as a community housing land trust and limited equity
cooperatives.
RENTAL HOUSING
Any dwelling unit intended to be rented rather than conveyed as Ownership
Housing.
B. Affordable Housing Requirements. This section applies to any application for housing
development approval within the City as further outlined in Table 48-1 below. All housing
developments must meet the requirements of Table 48-1 below as explained in this section:
(1) Units: The total number of housing units in the proposed housing development.
