Notice of Funding Opportunity for Tax-Exempt Bond Program

August 29, 2024

This Notice of Funding Opportunity (NOFO) is an announcement of funding resources for the development of affordable rental housing by qualified developers that seek:
1) Tax-exempt bonds in combination with 4% Low-Income Housing Tax Credits (LIHTC);
2) New Hampshire Housing capital subsidy (subordinate debt); and/or
3) Project-Based Vouchers (PBVs) for projects that select the LIHTC Average Income Test minimum set-aside.

For developers seeking only tax-exempt bonds in combination with 4% LIHTCs (and no New Hampshire Housing capital subsidy or PBVs), refer to the appropriate section in this NOFO for more information. Developers who utilize tax-exempt bonds in combination with 4% LIHTCs through this NOFO may also apply for PBVs without requesting New Hampshire Housing capital subsidy.

Application Procedure:

Applications for this NOFO will be accepted on the reservation cycle schedule below.

The application and all attachments/exhibits must be submitted to New Hampshire Housing by 4:30 PM on the due date.

Click here to read the full Notice of Funding Opportunity for Tax-Exempt Bond Program