The sections below offer information on New Hampshire Housing’s underwriting policies and procedures.
Watch now: Virtual Underwriting Session Recording – May 16, 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
Attachment C to Underwriting Standards – Requirements for IOI Waiver
Attachment D to Underwriting Standards – Requirements for an AHAP after Construction Start
AHAP after Construction Start Certification of Compliance
Underwriting Standards and Development Policies for Multifamily Finance (Effective 5/1/2020 – 7/10/24)
Underwriting Standards and Development Policies for Multifamily Finance (Effective through 4/30/20)
Market Study Report Requirements (current)
Market Study Providers
Rent Limits
Current Utility Allowance
Below are links to NH Housing’s required requisition documents:
Owner’s Affidavit
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