RKG Completes City-Wide Housing Study for Nashua, New Hampshire
Housing study highlights rising housing costs, minimal vacancy, and a growing population and employment base in an already desirable place to live, work and visit.
New residential development in the City's TOD district.
RKG, in partnership with the City of Nashua, recently completed a housing study analyzing demographic, economic, and household changes to better understand housing supply and demand. The study points to rapidly rising housing costs for both owners and renters, extremely low vacancy rates, and a growing resident and employment base. Strategies that address housing production, preservation, and increasing affordability were provided as well as ways the City could increasing funding by restructuring loan programs and creating financing mechanisms to specifically address housing needs
RKG also focused efforts on better understanding the housing market and conditions in Downtown Nashua where the City hopes to continue to attract new investment and improve the conditions of existing residential neighborhoods.
The City is embarking on an update to the Master Plan and this study is anticipated to inform many land use and policy decisions going forward.
Downtown Nashua's Housing Stock by Year Built