Financing Programs

In addition to the Low Income Housing Tax Credit (LIHTC) and Special Needs Housing Programs, New Hampshire Housing utilizes additional multi-family financing programs that can be used together to make affordable housing possible.

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. Funds from the AHF are generally combined with other funds, including (but not limited to) federal HOME funds. For more information, see program rules for HFA: 113.

Construction and Bridge Lending Program

The Construction Lending Program provides construction financing for multi-family rental projects utilizing other New Hampshire Housing funding.  In addition, funds may be used in certain circumstances to bridge investment from Low Income Housing Tax Credit investors.

Rates and terms are competitive with the market, and this program offers the convenience and cost savings of a single source of financing for an affordable housing rental project. For more information, see program rules for HFA: 110.

HOME

The federal HOME Program is the primary source of capital subsidy support for Low Income Housing Tax Credit projects. The capital subsidy source will be determined by New Hampshire Housing based on project needs and resource availability. 

Housing Trust Fund

The federal Housing Trust Fund (HTF) provides financing to create housing affordable for extremely low-income households for a minimum of 30 years. Go to the Housing Trust Fund approved Allocation Plan.

Tax Exempt Bonds Financing and Portfolio Preservation Program

The Tax Exempt Bonds Financing and Portfolio Preservation Program is designed to provide construction and/or permanent debt financing through the sale of tax exempt or taxable bonds and equity financing through the use of the Low Income Housing Tax Credit

The program is well-suited for the preservation of existing subsidized housing. Projects using this program typically have an income stream that allows the project to service significant long-term debt. For more information on this program, see program rules for HFA: 114.

Non-Profit Technical Assistance

The purpose of the Technical Assistance Program is to provide pre-development funds to certain types of nonprofit organizations to assist in their efforts to develop affordable housing in New Hampshire.

Please submit your completed application packet to Heather Morgan at New Hampshire Housing, PO Box 5087, Manchester, NH, 03108-5087. An e-mail copy may also be sent to multifaminfo@nhhfa.org (please type "Attention: Heather Morgan" in the subject line) in order to begin review process. If you should have any questions, you may contact Heather at (603) 310-9226.

Technical Assistance Program Application (Adobe Acrobat version)
Technical Assistance Program Application (MS Word version)

IRS W-9 Form: Taxpayer Identification and Certification
Technical Assistance Program Rules (HFA: 108)