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Board Of Aldermen - Minutes - 10/27/2020 - P24

By dnadmin on Sun, 11/06/2022 - 22:56
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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%

Board Of Aldermen - Minutes - 10/27/2020 - P23

By dnadmin on Sun, 11/06/2022 - 22:56
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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

Board Of Aldermen - Minutes - 10/27/2020 - P22

By dnadmin on Sun, 11/06/2022 - 22:56
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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

Board Of Aldermen - Minutes - 10/27/2020 - P21

By dnadmin on Sun, 11/06/2022 - 22:54
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Population and Age

Total Population Change 1970-2030, City of Nashua

Source: NHGIS, ACS 2013, 2018, EMSI

Board Of Aldermen - Minutes - 10/27/2020 - P20

By dnadmin on Sun, 11/06/2022 - 22:54
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ISSUE & OPPORTUNITY AREA 1
ACCOMMODATING FUTURE GROWTH

ASSOCIATES INC

Board Of Aldermen - Minutes - 10/27/2020 - P19

By dnadmin on Sun, 11/06/2022 - 22:54
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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

Board Of Aldermen - Minutes - 10/27/2020 - P18

By dnadmin on Sun, 11/06/2022 - 22:54
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Nashua

NEW HAMPSHIRE’S GATE CITY

NASHUA HOUSING STUDY

Board of Aldermen Discussion

October 2020

RKC, Prepared by
RKG Associates, Inc.

ASSOCIATES INC

Board Of Aldermen - Minutes - 10/27/2020 - P17

By dnadmin on Sun, 11/06/2022 - 22:54
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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

Board Of Aldermen - Minutes - 10/27/2020 - P16

By dnadmin on Sun, 11/06/2022 - 22:54
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Special Board of Aldermen 10-27-2020 Page 16
Director Marchant

Board Of Aldermen - Minutes - 10/27/2020 - P15

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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

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