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


Application and Helpful Links

Preliminary applications are due June 3, 2019 and final applications are due on August 23, 2019.


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.

Qualified Allocation Plan September 20, 2019 Public Forum Presentation
     Areas of Opportunity Presentation
     Final Cost Certification Template

Qualified Allocation Plan July 15, 2019 Public Forum Handout

QAP and Application Schedule

2019 Qualified Allocation Plan

HTF Availability Notice 2020 LIHTC

IRS Revenue Procedure-2019 Housing Credit Per Capita

QAP Archive


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.

NH Department of Revenue Administration General Assessment Forms

PA-67 Low Income Housing Tax Credit Program, Annual Filing to Municipality (HB1442)

Current Maximum Restricted Rents

Current Utility Allowances

Vacancy Rates

Capitalization Rates

RSA 75

Municipalities by HUD Metropolitan FMR Area