Housing

HB 1726 requires New Hampshire state agencies to identify surplus property suitable for affordable housing development and make it available to qualified developers at below-market rates. The bill mandates that at least 20% of housing units developed on such property must remain affordable to low- and moderate-income households for a minimum of 20 years, with legal restrictions ensuring this use. It also prioritizes municipal grant funding for communities collaborating with state agencies on identifying and rezoning eligible land. The bill does not provide new state funding but allows agencies to retain proceeds from property sales for one additional budget cycle. This directly affects state agencies, qualified housing developers, and low-to-moderate-income households seeking affordable housing.

HB 572 establishes the "Partners in Housing" program, a low-interest loan and grant program under the Housing Champions Fund to help municipalities, counties, and developers build workforce housing. The program prioritizes single-family starter homes, duplexes, small apartment buildings, and "missing middle housing" on municipally-owned land suitable for residential development, with $2 million of the $10 million total funding specifically allocated for this initiative. Municipalities can identify suitable public land for housing development, which would be added to a statewide list prioritized for program funding, and projects must include at least 20% affordable units for 20 years. The program also includes expedited review processes for qualifying projects to speed up development. The bill appropriates $10 million for the Housing Champions Fund, with $500,000 designated for program administration.