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  2. Board Of Aldermen - Agenda - 12/21/2021 - P5

Board Of Aldermen - Agenda - 12/21/2021 - P5

By dnadmin on Mon, 11/07/2022 - 07:11
Document Date
Fri, 12/17/2021 - 12:12
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 12/21/2021 - 00:00
Page Number
5
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__122120…

(2)

(3)

affordable below income maximums; and other relevant terms to ensure that the
units meet the intent of this ordinance.

Required affordable units must be integrated with the rest of the housing
development, must use a common entrance, and must provide no indications from
common areas that these units are affordable housing units.

Required affordable units need not be the same size as other units in the housing
development but the number of bedrooms in such units shall be no less than 10
percent of the total number of bedrooms in the housing development. For the
purposes of calculating the number of bedrooms in a housing development, every
400 square feet in each market rate unit will count as a bedroom if CDD determines
this method is appropriate in lieu of counting actual bedrooms.

Certificates of Occupancy and Project Phasing.

(1)

(2)

(3)

No final Certificate of Occupancy (CO) shall be issued for a housing development
until the terms of this section are met, including but not limited to the requirements
of C. above and the complete payment of any fees in lieu of units to the Housing
Trust Fund.

Certificates of Occupancy for affordable units must be obtained at the same time as
those of:other housing units in the housing development.

A housing development may be separated into phases of reasonable sizes, in which
case the affordable units and/or fees in lieu must be provided in proportion to the
portion of the project completed. However, projects shall not be segmented or
phased to avoid compliance with these provisions, such as by proposing more units
than are intended.

Bonus Density Ratios

(1)

(2)

(3)

Any development that provides required affordable units as outlined in this section
is eligible for a bonus density ratio as listed in Table 48-1.

This ratio is an additional number of market-rate units that may be built in
proportion to the total number of on-site required affordable units. Off-site units or
fees-in-lieu do not count towards this total.

All project phases shall have an affordable housing component. In the case of
fractional units, the number of bonus units shall be rounded down. However,
fractional bonus density units may be combined with other fractional units for
which a project may be eligible for to create additional units if the fractions add up
to one or more. For example, a ten-unit project with a ten percent inclusionary
requirement and a 2.5:1 bonus density ration would be able to build eleven market
rate units (9 + 2.5 rounded down) and one on-site affordable unit. If the base zoning
permitted this project to have 10.5 units in total, the project could have twelve
market rate units (9.5 + 2.5) and one on-site unit, as well as a fee-in- lieu for 0.05
units (0.5 x 10%.)

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Board Of Aldermen - Agenda - 12/21/2021 - P5

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