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  2. Board Of Aldermen - Agenda - 10/27/2020 - P18

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

By dnadmin on Sun, 11/06/2022 - 22:54
Document Date
Fri, 10/23/2020 - 14:45
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 10/27/2020 - 00:00
Page Number
18
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__102720…

Demographics & Housing Market Conditions

Housing Stock

NASHUA’S HOUSING STOCK IS CHANGING TO ACCOMMODATE GROWTH.

NASHUA IS ADDING HOUSING UNITS TO ACCOMMODATE ITS GROWING POPULATION.

Between 2013 and 2018, Nashua added an estimated 1,600 new housing
units to its overall stock. Much of that growth occurred in multi-family
structures with 20 - 80 units around the Downtown and Route 3 south
areas. At the same time, the City saw a loss of units in structures with 2-4
units which created a net increase of units closer to 990, or 3%, since 2013.

Nashua Housing Study - 15

ASSOCIATES INC

Units in Structure 2013 & 2018

Source: ACS 2013, 2018

20+
10-1 9 Unit

52%

2018

52%

2013

NASHUA’S HOUSING STOCK IS PREDOMINATELY SINGLE-FAMILY UNITS.

In 2018, 52% of Nashua’s housing stock was comprised of single-family
housing units. The City added just over 330 1-unit detached and
attached homes in the last five years. The City also added 1,335 units in
multi-family buildings of 5 or more units, with growth concentrated in
buildings of 5-9 units and 20+ units in size. This includes 115 new units
of affordable housing.

Page Image
Board Of Aldermen - Agenda - 10/27/2020 - P18

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