Developer Financing

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.

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.