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  2. Board Of Aldermen - Agenda - 10/27/2020 - P51

Board Of Aldermen - Agenda - 10/27/2020 - P51

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
51
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__102720…

Issues and Opportunities

Downtown Nashua

THE HOUSING STOCK IN DOWNTOWN IS
OLDER THAN ELSEWHERE IN THE CITY.

The Downtown area has a much higher
concentration of older residential structures than
anywhere else in Nashua. Over 62% of all
residential structures in the Downtown area were
constructed prior to 1930, and 73% were
constructed prior to 1950. This means 3 out of
every 4 residential structures in this area is more
than 70 years old.

There are 4,300 residential structures in the
selected Downtown area. Only 300 of those
structures were built after 1979, which is the
standard cut-off year for the utilization of lead
paint which can be a major health hazard
especially to young children. While there is no
way of knowing what mitigation has or has not
taken place in these structures, the City should
prioritize rehabilitation funds to address issues
and educate property owners.

It is also likely that properties in the Downtown
area have undergone some modernization over
time. For example, the year built for Clocktower
Place is shown as Pre-1930 but that building, and
its units have undergone substantial renovation
as it was converted from an old mill to multi-
family residential.

Nashua Housing Study - 48

Zl

Year Built

Year Built of Residential Buildings Source: Nashua Assessor Database ae P'e1980
) 1931-1961

1962 - 1970
) 1971-1983
GHD 1984-2019

Mine Falls
Park

Sy

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Board Of Aldermen - Agenda - 10/27/2020 - P51

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