ORGANIZATION OF RECOMMENDATIONS
The demographic and market conditions and the issue and opportunity area analyses pointed to several gaps in Nashua’s housing market,
delivery system, and financial resources. To address the housing demand gaps, affordability concerns, and stretched resources, this housing
plan presents recommendations that when used in combination will help address identified gaps. These recommendations include regulatory,
financing, programmatic, and partnership tools to encourage new investment in housing across Nashua. Recommendations have been
organized into four categories, each of which address a specific issue, outcome, or approach. For each recommendation there is an associated
time frame, an indicator for which key issue(s) it addresses, and a description of the recommendation and in some cases a real-world example
of how it has been implemented in other places.
PLANNING FOR SUCCESS
Utilize Master Plan, Land Use Policy, and Zoning to Address Housing
Choice, Affordability, and Location
¢ Continue to Integrate Accessory Dwelling Units
¢ Leverage Public Land for Housing
¢ Educate the Public on the Need for and Benefits of Housing
ALIGNING POLICIES AND HOUSING OUTCOMES
* Create an Affordable Housing Trust
¢ Update Inclusionary Zoning Regulations
¢ Phase in Rental Registry and Inspection Process
INVEST IN NEW AND EXPANDED HOUSING PROGRAMS
¢ Expand Rental and Owner Rehab Programs
¢ Reintroduce First Time Homebuyer Program
Nashua Housing Study - 55
EXPANDING PARNTERSHIPS
Leveraging Capital from Housing Partners
¢ Continue the Partnership with the Housing Authority
¢ Right of First Refusal Policy
¢ Working with Employers to Identify Opportunities to Partner on
Employer Assisted Housing
RKG
ASSOCIATES INC
