Board of Aldermen 09-28-2021 Page 8
shopping and say okay this is not an ideal location for that type of housing. You can pay the value differential and then
we'll use this money to try and invest in other projects that are better located and better served.
Board of Aldermen 09-28-2021 Page 7
creates. And so based on our analysis, and you can see here in our slide, our recommendation would be anything under
10 units, you don't require inclusionary because the impact would be financially substantial. Between 10 and 25, you
target 10% inclusionary 26 to 115, and then over 120% inclusionary. Now, the reality here is there are multiple ways to do
that and hopefully we'll continue this conversation after this presentation with ways that we could do that.
Board of Aldermen 09-28-2021 Page 6
housing that's affordable to a certain size household at a certain income level that doesn't make them spend more than
30% of their gross income on housing and select utilities.
Board of Aldermen 09-28-2021 Page 5
Board of Aldermen 09-28-2021 Page 4
Board of Aldermen 09-28-2021 Page 3
President Wilshire
Yes.
Kyle Talente, President of RKG Associates
Oh, | love technology when it works. | want to thank you all for the opportunity to make this presentation today. | am
sharing my screen. Are you able to see the presentation on your screens at this point?
President Wilshire
We are.
Kyle Talente, President of RKG Associates
Board of Aldermen 09-28-2021 Page 2
giving opportunities and of course, smaller giving opportunities that the fundraising committee will continue to pursue. But
| think that $1 million anonymous gift Madam President is good for the Performing Arts Center, good for the city, and, you
know, | think it's a very favorable development for our community. And that's all | have Madam President.
President Wilshire
Thank you. Response to remarks by the Mayor. Anyone on this side?
RESPONSE TO REMARKS OF THE MAYOR
Alderman Jette
A regular meeting of the Board of Aldermen was held Tuesday, September 28, 2021, at 7:33 p.m. in the aldermanic
chamber and via Zoom teleconference which meeting link can be found on the agenda and on the City’s website
calendar.
President Lori Wilshire presided; City Clerk Susan Lovering recorded.
Prayer was offered by City Clerk Susan Lovering; Alderman-at-Large Brandon Michael Laws led in the Pledge to the Flag.
Let’s start the meeting by taking a roll call attendance. If you are participating via Zoom, please state your presence, reason
LE
Board of Aldermen
City of Nashua
229 Main Street Lori Wilshire
Nashua, NH 03061-2019 President, Board of Aldermen
(603) 589-3030
October 1, 2021
Susan K. Lovering, City Clerk
City of Nashua
229 Main Street
Nashua, New Hampshire 03061-2019
Dear Ms. Lovering:
Please be advised | am hereby calling a Special Meeting of the Board of Aldermen relative to an
Inclusionary Ordinance work session on Thursday, October 7, 2021, at 6:00 p.m. in the Aldermanic
Chamber.
SPECIAL BOARD OF ALDERMEN
OCTOBER 7, 2021
6:00 p.m. Aldermanic Chamber and via Zoom
Join Zoom Meeting: https://us02web.zoom.us/j/8749 1676180? pwd=eGV Cb0tvZEY 5WXdQM3pSTOR YWHEvQT09
Meeting ID: 874 9167 6180 Passcode: 426842
Join by telephone: 1-929-205-6099
Meeting ID: 874 9167 6180 Passcode: 426842
lf for some reason you cannot connect to Zoom, please contact us at (603) 589-3329 and they will
help you with connectivity. The public may also view the meeting via Channel 16.
