Loading Content...
Loading Content...
Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Zip code 03064 in Nashua, New Hampshire, contains 199 units in Low-Income Housing Tax Credit (LIHTC) funded affordable housing projects, with 145 designated as low-income units. Based on the 2022 population of 14,551 and an estimated 5,575 housing units, LIHTC-funded affordable housing represents approximately 3.57% of the zip code's estimated housing inventory.
The LIHTC projects in this zip code received $942,170 in tax credits, averaging $4,734 per unit in federal funding. This funding represents 1.87% of New Hampshire's total LIHTC allocation. Affordable housing has been present in this zip code for over two decades, with the earliest project completed in 1991 and the most recent in 2014. The 2010s saw the most affordable housing activity, with two projects completed during this decade.
The LIHTC-funded projects in this zip code offer a range of unit types. Out of the 199 total units, there are 8 efficiencies, 68 one-bedroom units, 76 two-bedroom units, and 3 three-bedroom units. This distribution accommodates smaller households and families.
Over the past decade, the zip code's population has remained relatively stable, fluctuating between approximately 13,900 and 14,600 residents. The median income has shown variability, ranging from about $74,000 to $86,000. The area has maintained a predominantly white population, consistently around 77-82% over the past decade. There has been a slight increase in diversity, with small but growing Asian and Hispanic populations. The Hispanic population has fluctuated between 10-14% in recent years.
The steady population and income levels, combined with the gradual increase in diversity, may have influenced the continued development of affordable housing projects in this area over the years.
Zip code 03064 in Nashua, New Hampshire, demonstrates a commitment to affordable housing through LIHTC-funded projects. With 199 total units, of which 145 are designated as low-income, these projects represent a significant portion of the area's housing stock. The diverse unit types cater to various household sizes, while the steady development of projects over two decades reflects an ongoing effort to meet affordable housing needs. The demographic trends, including stable population levels and gradual increases in diversity, align with the continued investment in affordable housing in this zip code.