Board Of Aldermen

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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Expanding Partnerships
Leveraging Capital ASSOCIATES INC

Leveraging Capital from Housing Partners

Case Study — Housing Opportunity Investment Fund, Charlotte, NC

As arecent example, Charlotte, North Carolina brought

Expanding Partnerships

Leveraging Capital

Leveraging Capital from Housing Partners

Issues/Opportunities Addressed: C)

Timeframe for Action: Mid to Long Term

Recommendations

RECOMMENDATIONS
EXPANDING PARNTERSHIPS

RKG

Nashua Housing Study - 74

New and Expanded Housing Programs
First Time Homebuyer Program

ASSOCIATES INC

Reintroduce First Time Homebuyer Program

Issues/Opportunities Addressed:

Timeframe for Action: Short Term

Downpayment and closing cost assistance helps low- and moderate-income
families overcome one of the most common barriers to homeownership—
accumulating sufficient savings to make a downpayment and pay for closing
costs on a mortgage.

New and Expanded Housing Programs
Rehabilitation Programs

Expand Rental and Owner Rehab Programs

Issues/Opportunities Addressed:

Timeframe for Action: Short to Mid Term

Recommendations

RECOMMENDATIONS
INVEST IN NEW AND EXPANDED HOUSING PROGRAMS

RKG

Nashua Housing Study - 71

Aligning Policy and Housing Outcomes

Registry and Inspections

Phase in Rental Registry and Inspection Process

Case Study — Rental Registry, Burlington, VT

Aligning Policy and Housing Outcomes
Rental Unit Inspections

Phase in Rental Registry and Inspection Process

Issues/Opportunities Addressed:

Timeframe for Action: Inspection Process - Long Term

Aligning Policy and Housing Outcomes

Rental Registry

Phase in Rental Registry and Inspection Process

Issues/Opportunities Addressed:

Timeframe for Action: Rental Registry Process - Mid Term

The creation of a rental registry is an important step in
identifying rental units and holding property owners
accountable for violations to city ordinances and codes.
Without a robust rental registry, the City may lack the
necessary information to identify owners and tenants,
quantify the number of rental units, track property