The state’s $100 million InvestNH Housing Fund announced in February is rolling out and includes a $60 million capital grant program

The state’s $100 million InvestNH Housing Fund announced in February is rolling out and includes a $60 million capital grant program to help ongoing affordable housing projects reach the finish line, as well as money for towns to update their zoning and planning regulations. The two-month application window began Monday for multi-family housing projects seeking a portion of the $60 million. “Everybody is looking at what the program is and whether the projects they have are going to fit into it,” said Taylor Caswell, commissioner of the New Hampshire Department of Business and Economic Affairs. The types of projects sought are those on the brink of being completed, but hit a roadblock because of cost overruns, be it capital costs, labor shortages or supply issues, or inflation upping the cost of materials and supplies, said Caswell.

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https://www.concordmonitor.com/InvestNHHousingFund-cm-070622-47090743