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  2. Board Of Aldermen - Minutes - 4/8/2021 - P19

Board Of Aldermen - Minutes - 4/8/2021 - P19

By dnadmin on Mon, 11/07/2022 - 07:04
Document Date
Thu, 04/08/2021 - 00:00
Meeting Description
Board Of Aldermen
Document Type
Minutes
Meeting Date
Thu, 04/08/2021 - 00:00
Page Number
19
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_m__040820…

Starting the Housing Trust Fund

$30,000 initial deposit from the
Nashua Plaza Housing
Associates

$10,000 annual payment from
Nashua Plaza Housing
Associates and potential future
termination fee

Program to be managed by Urban
Programs Department (UPD)

Next Step: Focus on identifying
and developing additional revenue
sources as outlined in Housing
Study

Next Step: An assessment
understand and create a more
detailed structure and
administration plan for fund over
next one to two years

ASSOCIATES INC

Page Image
Board Of Aldermen - Minutes - 4/8/2021 - P19

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