Notice of Public Hearing: TEFRA Claremont Manor LLC

August 20, 2025

Notice is hereby given that on August 27^th, 2025 at 1:00 PM New Hampshire Housing Finance Authority will hold a public hearing at its offices at 32 Constitution Drive, Bedford, NH. The hearing is with respect to the proposed issuance by New Hampshire Housing Finance Authority, acting under and pursuant to New Hampshire Revised Statutes Annotated Chapter 204-C (the “Act”), of obligations in the maximum aggregate principal amount of $25,000,000 (the “Bonds”) (out of a total anticipated project cost of approximately $41,200,000). The Bonds are proposed to be issued to provide financing as permitted under the Act for the following multi-family housing project (the “Project”): the acquisition, rehabilitation, furnishing, and equipping of an existing 90-unit affordable multi-family rental housing property commonly referred to as Claremont Manor, located at 2 Manor Drive on a 6.82 acre parcel of land containing 8 buildings in the City of Claremont, County of Sullivan, and State of New Hampshire with an aggregate square foot building area totaling approximately 98,749 square feet, with approximately 71,652 net rentable square feet. All 90 residential units are expected to be occupied by tenants having incomes no greater than 60% of the area median income. The owner of the Project will be Claremont Manor LLC, a New Hampshire limited liability corporation, the general partner of which will be Claremont Manor Managing Member LLC.  The Bonds will not be a general obligation of New Hampshire Housing Finance Authority or a pledge of the faith and credit of New Hampshire Housing Finance Authority or a debt, liability, obligation or pledge of the faith and credit of the State of New Hampshire or any political subdivision thereof.

 Written comments will be accepted for two business days following the public hearing, and must be received by email, fax, or physical delivery no later than 4:30 p.m. on Thursday, August 29^th, 2025.

For more information, or to send comments as outlined above, contact:

­­­­­­­­­­­­                        Tom Krebs, Program Manager, Multi-family Underwriting

New Hampshire Housing Finance Authority

ROBERT DAPICE
Executive Director