- Low Income Housing Tax Credits (LIHTC)
- Multi-Family Supportive Housing
- Non-Profit Predevelopment Loan Program
- Other Financing Programs
- Underwriting and Development Policies
- Design and Construction
Low Income Housing Tax Credits (LIHTC)
The Low Income Housing Tax Credit (LIHTC) Program provides a strong incentive for private investment in affordable rental housing. It is currently the largest source of federal capital subsidy to create and preserve affordable rental housing. The LIHTC program gives investors a dollar-for-dollar reduction in federal tax liability in exchange for providing funding to affordable housing developments. If you have questions about the LIHTC program, please contact Laura Carlier, Program Manager at (603) 310-9292.
Information related to COVID-19 Relief Permitted by the IRS for LIHTC projects in development: LIHTC Notice re: IRS Rev. Proc. 2014-49.
The Qualified Allocation Plan (QAP) 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.
2023-2024 QAP PLANNING
2023-2024 QAP Schedule
Agenda and Discussion Topics – July 2021 Forum
Public Forum (Recorded 7/29/2021)
Public Forum (Recorded 4/23/2021)
Overview and Public Forum (Recorded 2/26/2021)
2021-2022 Qualified Allocation Plan
2021-2022 QAP Final Cost Certification Template
2021 IRS Revenue Procedure-Housing Credit Ceiling
Notice of Increase to LIHTC Allocation, Cost, and Investment Limits in QAP (NEW)
Here you will find links to documents regarding preliminary and final application information, as well as other important information. Click here to view current rent & income limits and utility allowance data. The Authority makes LIHTC funding available annually through a preliminary and final application process.
2021 Application Schedule for 2022 LIHTCs
LIHTC Preliminary and Final Application Process
2022 LIHTC Preliminary Application Exhibits List
2022 LIHTC Final Application Exhibits List
Qualified Locations for Point in QAP – 2020
Financing Application (View Underwriting Documents section)
Average Income Test Policy
811 Project Rental Assistance (PRA)
811 Memorandum of Understanding
LIHTC Compliance Requirements
LIHTC Compliance Monitoring Changes (2021-2022 QAP)
New Hampshire Housing is required under RSA 204-C:8-a to publish information on maximum restricted rents, utility allowances, vacancy rates, and capitalization rates to assist municipal tax assessors in appraising residential rental property subject to a housing covenant under the low-income housing tax credit program pursuant to RSA 75:1-a.
NH Department of Revenue Administration General Assessment Forms
PA-67 Low Income Housing Tax Credit Program, Annual Filing to Municipality (HB1442)
Vacancy Rates by County for Market Rate Units
Municipalities by HUD Metropolitan FMR Area
AFFORDABLE HOUSING FUND
The Affordable Housing Fund (AHF) program provides low-interest loans and grants for the construction, rehabilitation, and/or acquisition of housing affordable to families and individuals with low to moderate incomes. Since its inception, the Fund has invested $39 million in 90 projects, leveraging more than $400 million to help support the development or preservation of 2,400 housing units statewide.