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  2. Board Of Aldermen - Agenda - 10/27/2020 - P5

Board Of Aldermen - Agenda - 10/27/2020 - P5

By dnadmin on Sun, 11/06/2022 - 22:54
Document Date
Fri, 10/23/2020 - 14:45
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 10/27/2020 - 00:00
Page Number
5
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__102720…

NASHUA HOUSING STUDY

City of Nashua

Jim Donchess, Mayor

Board of Aldermen Members
Lori Wilshire, President

Michael B. O’Brien, Sr., Vice President
Shoshanna Kelly, At-Large
Brandon Michael Laws, At-Large
David C. Tencza, At-Large

Jan Schmidt, Ward 1

Richard A. Dowd, Ward 2
Patricia Klee, Ward 3

Thomas Lopez, Ward 4

Ernest A. Jette, Ward 5

Ben Clemons, Ward 6

Elizabeth Lu, Ward 6

June M. Caron, Ward 7

Skip Cleaver, Ward 8

Linda Harriott-Gathright, Ward 9

Thank you to City staff for your commitment to providing information and feedback
throughout the housing study process. A special thank you to all who took part in

interviews and provided us with the local knowledge needed to tailor a housing plan to the
City of Nashua. Your expertise and feedback will help shape the outcomes of this plan.

Nashua Housing Study - 2

Purpose of this Housing Plan

The City of Nashua’s Housing Plan is intended to provide a meaningful sense of the
housing market, an understanding of key housing issues, and provide a list of
strategies for implementation. The report should serve as a platform for making
calculated policy and programmatic decisions. The information in the report is
intended to offer community leaders and stakeholders a basis for formulating
community-specific housing priorities, policy alternatives, intervention strategies
including land use and zoning decisions, and allocation of City and other resources.

As a framework for evaluating housing needs and determining appropriate action
steps, this document is not meant to be a prescriptive list of to-do’s but rather a
flexible plan that can shift with changes in Nashua’s local marketplace. The actions
in this document also point to timeframes to help the City identify the most critical
steps it should take in the short-term and those that may be more appropriate as
partners and funding are secured.

Recognizing that market supply and demand will shift with time and as the City
begins to act on the recommendations, it is important to track progress and
periodically update the data depicted in this study. Tracking progress on unit counts,
tenure, sale prices, rent rates, affordability, code violations, etc. are important
indicators in determining whether the current path of implementation is effecting
change in a positive and equitable way. Plans should be treated as living documents
to be evaluated and updated over time.

RKG

ASSOCIATES INC

Page Image
Board Of Aldermen - Agenda - 10/27/2020 - P5

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