Financial Resources of Homebuyers and Renters
THE MARKET FOR AFFORDABLE
RENTAL UNITS IS TIGHT AT THE LOW
END OF THE INCOME SPECTURM.
For households at or below 30% of AMI,
there are 2,943 more households than
available affordably priced units
¢ The gap between demand and supply for
households above 100% AMI is 3,168
units
¢ The lack of higher priced rental units in
Nashua puts downward pressure on the
supply of housing priced for lower income
households
Housing Units
7,000
6,000
5,000
Pp
°
°o
°o
Y
°
°
°o
2,000
1,000
ASSOCIATES INC
Affordable Rental Supply and Demand, City of Nashua
Source: HUD 2020, ACS 2018, RKG Associates
6,276
5,280 5,334
3,221
3,017
2,517
1337 2,278 408
218 157
19
=
30% AMI 50% AMI 80% AMI 100% AMI 120% AMI Above 120%
AMI
mw Renter Households Units Affordable at AMI
