Underwriting and Development Policies

NH Housing Fee Schedule for Multifamily Housing – 2026
NH Housing Fee Schedule for Multifamily Housing – 2025
NH Housing Fee Schedule for Multifamily Housing – 2024

Below is a list of documents related to the submission and review of NH Housing project applications.

• Underwriting Standards and Development Policies for Multifamily Finance (Effective 7/10/24)
• Attachment A to Underwriting Standards – Eligible Costs
• Attachment B to Underwriting Standards – 25% Test Policy
• Underwriting Standards and Development Policies for Multifamily Finance (Effective 5/1/2020)
• Underwriting Standards and Development Policies for Multifamily Finance ADDENDUM 1
• Underwriting Standards and Development Policies for Multifamily Finance(Previous, Effective through 4/30/20)
• Market Study Report Requirements (current)
• Market Study Providers 
• NH Housing Financing Application 
• Rent Limits 
• Current Utility Allowance  

The following documents are used to process requisitions for NH Housing funded projects.  

To help sponsors familiarize themselves with the NH Housing’s payment process, below are links to helpful resources: 

• NH Housing Requisition Narrative 

Below are links to NH Housing’s required requisition documents: 

• NH Housing Budget Template   
• Owner’s Affidavit  
• EFT Enrollment Form 
• Alternative Schedule A to the Mechanics Lien Affidavit of the General Contractor located on page 34 of the Construction Requisition Packet

The following resources are specific to underwriting HOME, HTF, and/or 811 units for NH Housing funded projects.  

• HUD Rent and Income Limits
• HUD Per-Unit Subsidy Limits  
• HUD HTF Information
• Section 811 Information

Rules pertaining to specific New Hampshire Housing financing programs.  

• Qualified Allocation Plan (HFA 109) 
• Construction and Bridge Loan Program Rules (HFA 110)  
• Design and Construction Rules (HFA 111)  
• Affordable Housing Fund Rules (HFA 113)
• Multifamily Bond Financing Program (HFA 114)

NH Housing’s Waiver Rule HFA 117 can be found on the Forms & Rules webpage. You will find on this webpage the HFA 117 Waiver Rule, the process policy document to request a waiver (Waiver Requests Procedure Standards), and the form that must be filled out to request a waiver (Waiver Request Form).

Term sheets for NH Housing multifamily financing programs.  

Tax Exempt Financing