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Nashua officials, led by Mayor Jim Donchess, are seeking $20 million in state funding to acquire the former Daniel Webster College property for housing development, citing security concerns and a low apartment vacancy rate. The property, purchased by Chinese investors in 2017, is strategically located near key infrastructure but has faced opposition from Senate Republicans, who blame previous city decisions for the current situation. Alderman Michael O'Brien criticized the state's lack of support for Nashua, despite the city's significant revenue contributions.