Board Of Aldermen

Special Board of Aldermen 10-27-2020 Page 11

Special Board of Aldermen 10-27-2020 Page 10

Special Board of Aldermen 10-27-2020 Page 9

As the downtown continues to change and attract private investment as it has been, it is possible that some
of those properties could flip and maybe rehab could take place. That could also mean though that as
housing prices go up, existing households could potentially be displaced either elsewhere in the City or
maybe even have to go outside the City to find housing that’s more affordable to their income.

Special Board of Aldermen 10-27-2020 Page 8

Special Board of Aldermen 10-27-2020 Page 7

The map on the right shows the sales price activity over the last ten years and sort of looking at that
citywide and what locations in the City are selling for prices higher than other locations. Again, higher
priced housing tends to be located on the edges and in some of the historic areas in the City while lower
prices tend to be found in the older neighborhoods, kind of more in the center portion of the City.

Special Board of Aldermen 10-27-2020 Page 6

Special Board of Aldermen 10-27-2020 Page 5

Special Board of Aldermen 10-27-2020 Page 4
Director Marchant

Yes, you are a little bit quiet, but yes, we can see it.

Mr. Halvorsen

Alright. Hi everyone, thanks so much for having me this evening. | am happy to be here in front of all of you
to talk, hopefully at a fairly quick and high level about the findings from the Nashua Housing Study that my
company RKG Associates has been working on with staff over the last few months. So we are excited to
be here and to share the findings of the study with you tonight.

Special Board of Aldermen 10-27-2020 Page 3
Alderman Laws

I’m here, | can hear and | am alone.

Alderman Cleaver

| am here, alone and practicing social distancing.

Alderman Harriott-Gathright

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

| am here, | am alone and | am practicing social distancing. Also with us this evening is Mayor Donchess,
Corporation Counsel, Sarah Marchant, the Community Development Director and Carrie Schena, Urban

Special Board of Aldermen 10-27-2020 Page 2

Mayor James W. Donchess, Corporation Counsel Steven A. Bolton, Sarah Marchant, Community
Development Division Director, and Carrie Schena, Urban Programs Manager were also in attendance.

ROLL CALL

Alderman O’Brien

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

Alderman Klee

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

City Clerk, Susan Lovering

Alderwoman Kelly?

President Wilshire

Alderwoman Kelly won't be joining us this evening.