New Hampshire Housing Board Approves Major Financing for The Muse and Families Flourish Northeast in Lebanon
News detail New Hampshire Housing Board Approves Major Financing for The Muse and Families Flourish Northeast in Lebanon
Board actions support 80 new affordable homes and recovery housing for pregnant and parenting women and their children
BEDFORD, N.H. — The New Hampshire Housing Board of Directors approved financing commitments to support two Lebanon housing developments: The Muse, a planned 80-unit affordable housing community, and Families Flourish Northeast, a planned supportive housing development for pregnant and parenting women in recovery from substance use disorders and their children.
The Muse received approvals of up to $16.5 million in tax-exempt bond financing, $4.394 million in HOME funds and $1.5 million in Housing Trust Fund resources. The planned 80-unit affordable housing community in Lebanon will serve a range of income levels and include 20 project-based vouchers administered by the Lebanon Housing Authority.
Families Flourish Northeast received approval for up to $3 million from the Opioid Use Disorder Supportive Housing Capital Program. The planned 12-unit development in Lebanon will serve pregnant and parenting women in recovery from substance use disorders and their children, pairing stable housing with recovery support services.
“These approvals will help address housing needs in Lebanon by supporting both new affordable homes and recovery housing for families,” said Rob Dapice, executive director and CEO of New Hampshire Housing. “Projects like The Muse and Families Flourish Northeast demonstrate the importance of targeted partnerships that respond to community needs and create housing opportunities for residents at different stages of life.”
Together, the approvals reflect New Hampshire Housing’s continued investment in expanding affordable housing options and supporting residents and families with specialized housing needs. Through these developments, New Hampshire Housing is helping create housing opportunities that respond to diverse needs and strengthen communities across the state.
About New Hampshire Housing
New Hampshire Housing promotes, finances, and supports affordable housing and related services for New Hampshire residents. Through financing, research, homeownership programs, rental assistance, and partnerships with housing providers and community organizations, New Hampshire Housing helps strengthen communities and expand housing opportunities statewide.
Media Contact
Etienne LaFond
Director of Communications and Marketing
New Hampshire Housing
603-310-9272
elafond@nhhousing.org