Greetings,
It's June and it looks like most of us will be spending our summer close to home. Where that home is, whether someone is a homeowner or a renter, whether people are staying where they are or moving... these are trends we carefully track. These days, we are watching housing indicators particularly closely, and monitoring the impact of the coronavirus on the state's housing market and economy.
Stories about housing are frequently in the news. Two recent items include a story in the
Union Leader
about a
survey
of New Hampshire residents that indicated support for more affordable housing in their communities. Also,
WMUR interviewed
our executive director Dean Christon about the state's housing crisis.
The New Hampshire Housing Team
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The Lakes Region Housing & Economy Snapshot event has transitioned to a virtual conversation. In the first of a series of interviews,
Carmen Lorentz
, executive director of
Lakes Region Community Developers
, talked with
Dean Christon
, NHHFA's executive director.
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Legislative Activity
Keeping track of all the housing-related bills going through the legislature can be overwhelming. But not to worry: our
Legislative Activity
page provides a summary of key legislation that we're tracking.
Residential Rental Cost Survey
Thank you to all the property owners and managers who took our survey. The
2020 NH Residential Rental Cost Survey Report
will be published in July.
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A recent survey
of nearly 500 New Hampshire residents shows a recognition that additional affordable housing is needed in the state. The survey was conducted by the Center for Ethics in Business and Governance at Saint Anselm College as part of its "The Housing We Need" initiative.
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Boulder Point Veterans Housing
in Plymouth is a new 30-unit development providing permanent, supportive housing for veterans, with a preference for those who are chronically homeless. The HUD-Veterans Affairs Supportive Housing (VASH) program combines rental assistance for homeless veterans with case management and services. Twenty-five units are targeted for rental assistance from VASH vouchers.
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Debi Granfield Retires
It is our honor to recognize Deborah Granfield, Director of Rental Assistance, for her service. Debi came to New Hampshire Housing in 1988, working with our rental assistance programs when we administered 1,105 Section 8 certificates and Housing Choice Vouchers. Today, that number is over 3,800. Debi’s commitment, leadership and genuine belief in our mission has supported the successful administration of the program, enabling over 7,000 people to have a place they call home. Best of luck to you, Debi. You will be greatly missed.
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Homeownership Fellows Program
For six years, we've offered our partners an opportunity to explore the mortgage finance system through the Homeownership Fellows Program. Due to the COVID-19 crisis, we regretfully have postponed the next program.
Contact us
i
f you would like to apply when the program resumes.
Lenders & Realtors
Our Home
Preferred
and Home
Preferred
Plus programs offer low conventional rates for borrowers at or below 80% AMI, and 3% downpayment assistance, among other features. Call us for details.
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Grant Supports Home Modifications
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Recognizing that often simple home modifications can enable people to access and remain in their homes, New Hampshire Housing awarded Granite State Independent Living (GSIL) $125,000 in FY18 and again in FY19 to expand its efforts to provide home accessibility modifications.
The
Access Modification Program
has helped Harry remain at home with his parents in Derry (
photo above
). With a new lift, Harry is able to access his home independently.
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Whittier Falls Housing Renovation
Whittier Falls Housing, part of Dover Housing Authority, completed a major renovation last fall that modernized 184 family apartments. The buildings have 12 one-bedroom, 70 two-bedroom, 80 three-bedroom and 22 four-bedroom apartments available to households with incomes at or below 60% of the area median income.
Dover Housing Authority
financed the renovation with LIHTC and a tax-exempt bond with a risk sharing loan co-insured by HUD and New Hampshire Housing. The property is 100% subsidized with Project-Based Vouchers that are administered by DHA. Interested in renting an apartment there?
Contact
Dover Housing Authority.
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COVID-19 Updates
Our staff continue to work with property managers to provide guidance from HUD regarding inspections and other compliance matters.
Click here
for updates.
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HUD PBCA Program
Through HUD’s Performance Based Contract Administration (PBCA) program, we oversee the administration of 148 properties (5,800 units) that receive direct project-based rental assistance from HUD.
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New Hampshire Housing Finance Authority
| P.O. Box 5087, Manchester, NH 03108
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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.
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