Board Of Aldermen

Board of Aldermen 10-13-2020 Page 5

RECOGNITION PERIOD

Nashua Area Kayak Explorations Destinations Group

Mayor Donchess

Board of Aldermen 10-13-2020 Page 4

Board of Aldermen 10-13-2020 Page 3

Alderman Harriott-Gathright

| am present, | am in this room alone, and | am practicing social distancing and | can hear everyone.
President Wilshire
| am here, | am alone and | can hear everyone and | am social distancing.

Susan Lovering, City Clerk

You have 15 in attendance.
President Wilshire

Thank you. Also in attendance is Mayor James Donchess and Corporation Counsel, Steven Bolton.
Mayor, do you wish to address the Board this evening?

REMARKS BY THE MAYOR

Mayor Donchess

Board of Aldermen 10-13-2020 Page 2
Alderman O’Brien

| am present, | am alone, and | can hear the proceedings.

Alderman Klee

| am present, | am alone at the moment, | can hear the proceedings and | just need to accuse Alderman
Lopez of stealing my family room. That's all | have to say.

Alderwoman Kelly
| am here, | am alone, | can hear everyone.
Alderman Dowd

| can hear the proceedings, | am alone, and | am practicing social distancing in accordance with the
Governor's Order.

Alderman Caron

A regular meeting of the Board of Aldermen was held Tuesday, October 13, 2020, at 7:30 p.m. via
teleconference.

President Lori Wilshire presided; City Clerk Susan Lovering recorded.

Prayer was offered by City Clerk Susan Lovering; Alderwoman-at-Large Shoshanna Kelly led in the Pledge
to the Flag.

President Wilshire

RKG

ASSOCIATES INC

DISCUSSION

HOUSING STUDY FOR THE CITY OF NASHUA, NEW HAMPSHIRE
October 2020

CONTACT INFORMATION:

Eric Halvorsen, AICP
Vice President & Principal
RKG Associates, Inc.

Email: ehalvorsen@rkgassociates.com
Phone: 617-847-8912

ORGANIZATION OF RECOMMENDATIONS

PLANNING FOR SUCCESS

¢ Utilize Master Plan, Land Use Policy, and Zoning to
Address Housing Choice, Affordability, and Location

¢ Continue to Integrate Accessory Dwelling Units

« Leverage Public Land for Housing

« Educate the Public on the Need for and Benefits of
Housing

ALIGNING POLICIES AND HOUSING OUTCOMES

* Create an Affordable Housing Trust
¢ Update Inclusionary Zoning Regulations
« Phase in Rental Registry and Inspection Process

RECOMMENDATIONS

ASSOCIATES INC

Downtown Nashua

NEARLY ALL SALES IN THE
DOWNTOWN AREA ARE BELOW
THE CITY'S MEDIAN.

¢ In 2019, 80% of sales in the Downtown
area were less than the city-wide
median of $321,198

* Over the last 10 years, 93% of sales
were less than that city-wide median

Over the last nine years, single-family
homes sold in the Downtown area have
sold for an average of $218,000 while
multi-family structures sold for an
average of $242,000

$161,801 - $183,000
$183,001 - $215,000

GD Over $215,000

$142,001 - $161,800

Assessed Building Value
GED $2,500 - $142,100

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idential Building Assessed Values source: Nashua Assessor Database

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Mine Falls