Governor and Executive Council Approves $50 million for Housing

Gov. Chris Sununu and the Executive Council approved $50 million to address gap funding for 30 projects under the InvestNH Housing Fund on Nov. 2.
 
“New Hampshire is moving fast to address our housing challenges,” says Sununu. “This initial $50 million investment will create 1,500 new rental units across the state, helping increase supply, drive down costs, and ensure New Hampshire is the best state to live, work, and raise a family.”
 
The housing projects approved on Nov. 2 are held to affordability restrictions and construction is expected to be completed within 18 months.