Governor and Executive Council Approves $50 million for Housing

Concord, NH – Today, the Governor and Executive Council approved $50 million to address gap funding for 30 projects under the Governor’s historic InvestNH Housing Fund.
 
“New Hampshire is moving fast to address our housing challenges,” said Governor Chris Sununu. “This initial $50 million investment will create 1,500 new rental units across the state, helping increase supply, drive down costs, and ensure New Hampshire is the best state to live, work, and raise a family.”
 
This tranche of funding will help create nearly 1,500 more rental units across the state to help address the unprecedented crisis in housing availability. The housing projects approved today are held to affordability restrictions and construction completion within 18 months.
 
A copy of the item can be found here under #39A.