Expanding Partnerships
Housing Authority ASSOCIATES INC
Continue the Partnership with the Housing Authority
Issues/Opportunities Addressed: C) CO) —.-
Timeframe for Action: On-Going ly 2
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The Housing Authority owns and operates some of the only From the City side, continued assistance with expedited
deeply affordable housing in the City and has the knowledge permitting through the Zoning Board of Appeals and
and experience to be a valuable partner on public/private Planning Board will be very helpful to keep approval :
partnerships to produce additional units at a variety of times shortened. City engagement early in the design “4
income levels. The City of Nashua and the Housing process and site plan layout are also helpful to limit i
iterations which cost time and money. Lastly, the City's
participation as a funder in these projects is also very '
helpful. Participating using HOME funds or other funding |
sources can add to the development capital stack
increasing financial feasibility.
Authority have already shown the value of partnering on
affordable housing projects such as the redevelopment of
the Bronstein Apartments. The City and Housing Authority
are not only expanding the total number of affordable units
but are also bringing additional market-rate rental housing
units to the City which are desperately needed.
Going forward, the City can continue to bring value in its
financial resources, access to city-owned land, and staff
resources that could help augment the Housing Authority's
knowledge of affordable housing funding, programs,
construction, and operations and maintenance. The City and
Housing Authority should continue to have open
communication and discussions involving the purchase/use
of land, pooling of resources, and engaging private sector
developers to look for ways of creating additional mixed-
income housing as way to both modernize and expand
affordable housing across Nashua.
Nashua Housing Study - 77
