Developer Financing

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.

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 units.

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.

HOUSING DEVELOPMENT

Natasha Dube
Director, Multifamily Resources & Planning

Jim Menihane
Director, Multifamily Origination & Business Development

Caite Foley
Senior Construction Analyst

Program Managers
Emily Boisvert
Anna Breen
Tom Krebs

CONTACT US
multifaminfo@nhhfa.org