InvestNH
InvestNH is funded through the Governor’s Office for Emergency Relief and Recovery using the state’s allocation of Fiscal Recovery Funds. The funds are for multifamily rental housing that is affordable to individuals and families at or below 80% of area median income (AMI). Other municipal programs under InvestNH will provide grants to communities that approve these projects, grants to update or review zoning, and dilapidated building demolition grants. More details here:
- Capital Grant Program ($60 million)
For developers and/or owners of multi-family rental housing of three (3) or more units per structure that add housing stock, which will be used for long-term residential rentals only.- Capital Grant Program Guidance
- Capital Grant Program Overview
- Capital Grant Program Webinar July 7, 2022 Recording
- Capital Grant Program Application, application closes September 2, 2022 at 4pm.
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- Municipal Grants ($40 million)
For municipalities.
- Municipal Grants ($40 million)