relative to affordable housing investment fees.

SB 471 allows New Hampshire municipalities to impose fees on new developments (like subdivisions or buildings) that don’t meet local affordable housing requirements. These fees must be kept separate from general funds and spent *only* on affordable housing projects through specific entities like the NH Housing Finance Authority or local housing authorities. Fees are collected when planning approvals or building permits are issued, and municipalities must report annual spending. The bill requires fees to directly address local affordable housing needs without altering existing planning board authority.