Low Income Housing Tax Credits
The Low Income Housing Tax Credit Program (LIHTC) 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.
Awards Past and Present
- 2019 LIHTC Final Scores
- Click here to see current LIHTC reservations
- Click here to see past LIHTC reservations
- Click here to see past LIHTC applications
Application and Helpful Links
Preliminary applications are due June 3, 2019 and final applications are due on August 23, 2019.
- Financing Application
- Income Limits
- Rent Limits
- Current Utility Allowance
- Preliminary Application Review Process
- Application Threshold Requirements Checklist
- Average Income Test Policy - effective December 6, 2018
- 811 Memorandum of Understanding
- SMI Amendment to MOU
- LIHTC Compliance Requirements
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.
Property Tax Assessment for LIHTC Projects
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.