Low Income Housing Tax Credits

The Low Income Housing Tax Credit Program (LIHTC) provides a strong incentive for private investment in new, affordable rental housing. Eligible projects receive federal income tax credits over a ten year period, commensurate with the percentage of the units set aside for eligible households.

In order to be eligible, a minimum of 20% of the project must be targeted to households earning 50% or less of median area income, or 40% of the project must be targeted to households earning 60% or less of median area income. Sponsors commit to the affordability levels for 99 years.

Qualified Allocation Plan

The Qualified Allocation Plan defines the process by which New Hampshire Housing Finance Authority will allocate Low Income Housing Tax Credits to affordable rental housing developments throughout the State of New Hampshire. Copies of the QAP are available here on New Hampshire Housing's website or, to obtain a copy by mail, contact Jessica McCarthy, Administrative Assistant, (603) 310-9272.

To receive updates about the QAP process, please click here to sign up.

2018 QAP Final (signed by the Governor 7/10/17)

Notice of Housing Trust Fund Availability (9/27/17)
Checklist for LIHTC Applications
Preliminary Application Review

Proposed 2018 QAP & Application Schedule - updated 7/14/17

November through early January
Discussions with internal staff regarding contents of the QAP

January 5, 2017, 9:30 – 12:30
Public forum with stakeholders to gather input regarding scoring categories, etc.
PowerPoint from forum
Follow up discussion points
Audio recording of forum

February 6, 2017 10:00 – 12:00
Public forum with stakeholders to gather input regarding rough draft of scoring categories
Register Here

The above two forums will be an early opportunity to raise any issues that participants may want to raise.

February 22, 2017
Draft of QAP with proposed changes prepared for staff review

March 2, 2017
Draft QAP to Multi-Family Working Group for staff level approval

March 15, 2017
Present draft QAP to Multi-Family Committee

March 17, 2017 10:00 – 12:00
Hold formal public hearing on draft QAP

March 23, 2017
Discussion of proposed changes to draft QAP at Multi Family Committee

April 6, 2017
Revised Schedule to Multi-Family Working Group for staff level approval. Discuss changes to finalize QAP

April 19, 2017
Present draft QAP to Multi-Family Committee

April 20, 2017
Final draft QAP published on NHHFA website

May 2, 2017
Additional public forum/conference call/webinar to discuss draft to QAP
2:00pm at NHHFA's offices - 32 Constitution Drive, Bedford, NH (east entrance)
Click here to register

May 4, 2017
Multi-Family Working Group approval of final QAP

May 17, 2017
Multi-Family Committee approval of final QAP

May 25, 2017
Board approval of final QAP

August 7, 2017
Preliminary applications due

September 7, 2017
NHHFA staff distributes preliminary review memos

November 21, 2017
Rental Production Program applications due

January 2018 (1st week)
Multi-Family Working Group review of staff recommendations

January 2018 (3rd week)
Multi-Family Committee review of staff recommendations

January 2018 (4th week)
Board approval of 2018 Rental Production Program recommendations

*Working Group dates are estimates

QAP Archive

2017 QAP with Appendices

2016 QAP & Appendices

2015 QAP & Appendices

2014 QAP | Appendices

2013 QAP | Appendices

2012 QAP | Appendices

2011 QAP | Appendices

2010 QAP | Appendices

2009 QAP | Appendices

Rochester Transitional Housing

This project is being listed only as a requirement of our LIHTC Qualified Contract Process. Go to property listing>>