From our neighborhoods to driving through the Gift of Lights display at NH Motor Speedway, the traditional holiday lights this season are little beacons guiding us to a healthier and more normal 2021.
With the recent passage of new federal legislation and other policy decisions, resources will continue to be available for those having trouble paying their rent or mortgage. Information on new rental assistance resources made available by the state will be announced soon and posted on our website.
Creating and preserving housing in the Granite State is part of our mission and advocacy efforts. At the recent 2020 Housing We Need forum hosted by Saint Anselm College, housing advocacy success stories from the Mt. Washington Valley and other areas were discussed, and HomeMatters Awards presented by Housing Action NH. Tune in to the forum here.
|
|
The New Hampshire Housing Team |
|
New Manchester Homeowners Benefit from New Hampshire Housing Flex VA Loan
|
|
Home Flex Plus 4% Cash Assistance Rate
Our 4% Cash Assistance Program is now available. This means your borrower with a $200,000 loan can receive $8,000 in cash along with a fantastic rate.
*Rate subject to change at any time
|
|
New Housing Market Snapshot
The end of year NHHFA Housing Market Snapshot reflects changes in the housing market, as well as the surprising stability it has shown even through the pandemic. Of note are some demographic trends showing a migration of younger adults and families into the state, as well as how the demand for homes to buy and apartments to rent has not abated.
|
In mid-October, New Hampshire Housing launched a series of virtual presentations by Joe Minicozzi of Urban3. They explored his analysis of property tax revenues in Berlin, Claremont, Concord, Dover, Exeter, Hanover, Hudson, Keene, Laconia, Lebanon, Nashua, Pelham, Peterborough, Portsmouth and Rochester. Video recordings and PDFs of the presentations are available on our website.
|
|
Watch the discussion, held in partnership with the Workforce Housing Coalition of the Greater Seacoast, BEA, Seacoast Chamber Alliance, and others. |
|
64 New Units of Affordable Workforce Housing Coming to Downtown Portsmouth
Portsmouth Housing Authority's groundbreaking for the city's new affordable workforce housing was held this month. There will be 64 units downtown on Court Street at Ruth Lewin Griffin Place, which is expected to be occupied in 2022. The location is easily walkable to jobs, schools and services. Financing for Griffin Place came through the Low-Income Housing Tax Credit program and other NHHFA sources. Learn more at Portsmouth Housing Authority.
|
Ruth Griffin, a long-time PHA board member, was honored for her service. The new housing will be called Ruth Lewin Griffin Place. |
|
Four individuals will move into these new units in a renovated house in Concord, ending their many years of living without a steady home. New Hampshire Housing provided funding through the federal Housing Trust Fund, rental subsidies from project-based vouchers, as well as state Lead Paint Hazard Remediation funds. Visit the CCEH website.
|
Multi-Family Housing Development Impact FY20 |
|
$12 Million Grant To Prevent Lead Poisoning
During Lead Poisoning Prevention Week, New Hampshire Housing participated in an event highlighting the $12.3 million in grants awarded to the state from HUD:
- $5.7 million to Nashua
- $4.9 million to New Hampshire Housing
- $1.7 million to Sullivan County
These grants support ongoing efforts to make housing lead-safe, and provide healthy homes interventions for families by working with landlords who own older rental housing stock.
|
|
Gloria Paradise
Housing Grants
Paul Chalifour
Lead & Healthy Homes
|
|
The Family Self-Sufficiency (FSS) Program
When you have a Housing Choice Voucher (HCV) with New Hampshire Housing, you may be eligible to participate in our Family Self-Sufficiency Program (FSS). This program combines HCV assistance with education, support and service coordination for families. Many FSS participants go on to purchase a home, as the Seabrook family pictured here did.
|
Rental Assistance Family Self-Sufficiency
|
|
New Mainstream Vouchers Awarded
We were recently awarded 75 new Mainstream Vouchers authorized by the CARES Act. These additional vouchers will provide rental assistance to eligible non-elderly persons with disabilities and their families who are at least 18 years old and less than 62 years old.
|
The HCV PROGRAM is funded by HUD to assist low-income households obtain safe, decent and affordable housing at privately owned properties. The monthly housing subsidy is paid directly to the property owner. Rental units must pass an annual inspection.
|
|
New Hampshire Housing Finance Authority | P.O. Box 5087, Manchester, NH 03108
|
|
About New Hampshire Housing: As a self-supporting public corporation, New Hampshire Housing Finance Authority promotes, finances and supports affordable housing. NHHFA operates a number of rental and homeownership programs designed to assist low- and moderate-income persons with obtaining affordable housing. Since its inception, NHHFA has helped more than 50,000 families purchase their own homes and has been instrumental in financing the creation of 15,000 multi-family housing units.
|
|
|
|
|
|
|
