Housing Stock Residential Type by Units in Structure AAW
Source: City of Nashua
SINGLE-FAMILY HOUSING UTILIZES A LARGE
PERCENTAGE OF NASHUA’S LAND.
Residential Land Area to
Unit Count Comparison
Source: City of Nashua Assessor Database, ( Unitsin Structure _
RKG Associates
1-Unit
% of % of 2- Units
Structure Type Land Area __ Res. Units » Units
1-Unit 63% 50%
Household Composition
Change in
Households
2013-2018
Source: ACS 2013, 2018
Households by
Size and Tenure
2013-2018
Source: ACS 2013, 2018
Households by
Age of Householder
2013-2018
Source: ACS 2013, 2018
HOUSEHOLDS ARE INCREASING AT A FASTER RATE THAN THE POPULATION.
HOUSEHOLD GROWTH OUTPACING POPULATION GROWTH.
« Nashua added just under 1,500 new households over the five-
year period
¢ Householders living alone accounted for 37% of that growth
Employment and Wages
LOWEST PAYING JOBS IN NASHUA CANNOT AFFORD RENT OR
HOME PURCHASE AT NASHUA’S MEDIAN PRICES.
* 31% of employees in Nashua’s top ten largest
employment sectors can't afford units at those
prices
« Jobs in these sectors are projected to continue to
grow in Nashua
¢ Implications for affordability, transportation, and
other household spending categories
ASSOCIATES INC
What Can Different Jobs/Earnings Afford in Nashua?
Source: EMS! 2020, HUD, RKG Associates
Earnings Chart
Population and Age
Total Population Change 1970-2030, City of Nashua
Source: NHGIS, ACS 2013, 2018, EMSI
ISSUE & OPPORTUNITY AREA 1
ACCOMMODATING FUTURE GROWTH
ASSOCIATES INC
GROWTH
The City is expected to continue to grow its
population and employment base. Today’s housing
stock will not accommodate this growth. How and
where does the City want to grow should be a key
consideration in the upcoming Master Plan.
AFFORDABILITY
Nashua
NEW HAMPSHIRE’S GATE CITY
NASHUA HOUSING STUDY
Board of Aldermen Discussion
October 2020
RKC, Prepared by
RKG Associates, Inc.
ASSOCIATES INC
Special Board of Aldermen 10-27-2020 Page 17
ADJOURNMENT
MOTION BY ALDERMAN O’BRIEN THAT THE OCTOBER 27, 2020, SPECIAL MEETING OF THE
BOARD OF ALDERMEN BE ADJOURNED BY ROLL CALL
A viva voce roll call was taken to adjourn the Board of Aldermen meeting which resulted as follows:
Yea: Alderman O’Brien, Alderman Klee, Alderman Dowd,
Alderman Caron, Alderman Clemons, Alderman Lopez, Alderman Tencza,
Alderwoman Lu, Alderman Jette, Alderman Schmidt, Alderman Laws,
Alderman Cleaver, Alderman Harriott-Gathright, Alderman Wilshire
14
Special Board of Aldermen 10-27-2020 Page 16
Director Marchant
Special Board of Aldermen 10-27-2020 Page 15
Alderman Lopez
Thank you for your comments. | did notice you also made reference to the racial and economic disparity as
well which | think is going to be important for us to consider.
Mr. Halvorsen
Yes.
President Wilshire
All set, Alderman Lopez?
Alderman Lopez
Yep.
President Wilshire
Alderman O’Brien?
Alderman O’Brien
