Financial Feasibility Analysis
PREVIOUS FINDINGS
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
a
o
Oo
oO
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
337 2,278 408
218 157
19
z=
30% AMI 50% AMI 80% AMI 100% AMI 120% AMI Above 120%
AMI
mw Renter Households Units Affordable at AMI
