. Community Development 589-3095
City of Nashua Planning and Zoning 589-3090
. soe Building Safety 589-3080
Community Development Division Code Enforcement 589-3100
City Hall, 229 Main Street, PO Box 2019 Can grams mission cbocntne
Nashua, New Hampshire 03061-2019 Transportation 880-0100
www.nashuanh.gov FAX 589-3119
Date: April 5, 2021
To: Kelly Parkinson, Purchasing Manager
From: Sarah Marchant, Community Development Director
Re: Inclusionary Zoning Financial Feasibility Analysis
In the fall of 2020 the Community Development Division, in partnership with Economic
Development, received bids to complete a comprehensive housing study in order to understand the
dynamics in Nashua and our region that impact housing supply and demand. The City chose RKG
Associates to complete the housing study as their costs and proposal were the best fit for the City.
The Housing Study was completed in October of 2020 and the City was very satisfied with the work
of RKG Associates.
In continuing the next steps of the Housing Study, as stated in recommended strategies, the City
needs to update its Inclusionary Zoning ordinance to encourage affordable housing throughout the
city and ensure the City’s ordinances are financially feasible.
As RKG Associates recently completed the City’s Housing Study, they have the detailed
information and specific experience to complete this work most efficiently and cost effectively.
The scope of this second contract with RKG Associates will be for them to perform a financial
feasibility analysis and provide a detailed model which will allow the city to overhaul its
Inclusionary Zoning ordinance to ensure the ordinance is in line with market conditions. In addition,
this project will result in a report which will provide a series of recommendations on how the City
can enact a more comprehensive and effective inclusionary zoning ordinance while mitigating any
potential adverse effects to the financial feasibility of new multifamily residential development.
The total contract is $22,750 and will be funded through the Community Development Department.
