Federal and Local Grants Help Build More Housing – But NH Still Has a Long Way to Go

It’s no secret that the state’s housing shortage has morphed into a crisis of low availability and high costs, pricing out many families and keeping new workers from moving here.

While renters are stuck with high monthly costs, rising interest rates and market prices put homeownership just out of reach.

New Hampshire Housing and CATCH Neighborhood Housing are two nonprofit partners looking to provide more housing options, at different price points, to both renters and homebuyers statewide.

Using funds from the American Rescue Plan, state leaders introduced a new housing fund, InvestNH, that supports new, much-needed development.

With $100 million available, the fund is providing grants to both developers and municipalities to help accelerate projects.