N.H. Code Admin. R. Puc 902.01 - Affordable Housing Project

"Affordable Housing Project" means any multi-family residential housing project that is:

(1) Funded through a federal, state, or local program requiring that the real estate remains subject to land use restriction or rental housing affordability covenants that limit allowable rents charged to individuals or families, consistent with RSA 674:58, IV pertaining to workforce housing, or as otherwise required under the applicable federal, state, or local program;
(2) A federal low-income housing tax credit project, as defined in Section 42 of the Internal Revenue Code of 1986, as amended;
(3) A project funded with federal grants made to states for low-income housing projects in lieu of low-income housing tax credits under Section 1602 of the American Recovery and Reinvestment Act of 2009; or
(4) A limited equity cooperative, including, but not limited to, a manufactured housing park or apartment building, in which the majority of members are of low or moderate income.


N.H. Code Admin. R. Puc 902.01
#2050, eff 6-13-82; ss by #2912, eff 11-26-84; EXPIRED 11-26-90; New. INTERIM #5921, eff 11-7-94, EXPIRED 3-7-95; New. #7424, eff 1-12-01; ss by #9353, INTERIM, eff 1-12-09, EXPIRED: 7-11-09; New. #9515, eff 7-18-09; ss by #9998, eff 9-20-11; ss by #10502, INTERIM, eff 1-3-14, EXPIRED: 7-2-14; New. #10757, eff 1-8-15; Amended by Volume XL Number 33, Filed August 13, 2020, Proposed by #13080, Effective 9/14/2020, Expires 9/14/2030

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