What We Do
One of the key roles of New Hampshire Housing is to stimulate and support the availability of multifamily housing throughout the state. Our Multifamily Housing Division manages the financing of new multifamily rental unit construction. We also refinance and recapitalize existing properties to preserve affordable housing.
Developers apply for funds to construct or rehabilitate affordable multifamily rental housing. Our programs address affordable and workforce housing needs, as well as supportive housing (e.g., transitional housing, housing for veterans, persons with substance use disorders, and women/children in crisis).
An important financing tool for multifamily housing is the federal Low-Income Housing Tax Credit Program (LIHTC), which leverages investment in housing development.
- As the state’s LIHTC Allocating Agency, NH Housing reviews developer’s proposed projects and allocates tax credit based on a scoring system outlined in the state’s Qualified Allocation Plan.
- Developers finance project construction by using their tax credit allocation to leverage private equity investment in the properties. Learn more.
Developer Handbook (Coming Soon)
While it’s not launching yet, we’re excited to get your input and share it with you when it’s ready! We are planning to create a Developer Handbook to serve as a quick reference guide to NH Housing programs that support affordable rental housing development.
See the NH housing Funded Developments in FY 2025
Take the 2023-2024 Multifamily Housing Virtual Tour
This virtual tour of nine multifamily affordable housing developments financed by New Hampshire Housing from 2023 – 2024 represent different types of apartments built by our developer partners to provide housing for our state’s workforce, families, those in need of supportive housing services, and seniors.
