HB1405: relative to the housing finance authority's affordable housing guarantee program.

Related law links

RSA references from bill data

• 204-C · amend

  arantee program. Be it Enacted by the Senate and House of Representatives in General Court convened: 1 New Subdivision; Affordable Housing Guaranteed Loan Program. Amend RSA 204-C by inserting after section 92 the following new subdivision: Affordable Housing Guaranteed Loan Program 204-C:93 Definitions. In this subdivision: I. "Affordable housing" means: (a) Housing whose combined re

• 204-C:2 · add

  her real or personal property deemed by the authority to be necessary, convenient, ancillary, or desirable. II. "Authority" means the housing finance authority established under RSA 204-C:2. III. "Person of low income" means any individual or family whose gross income is greater than 50 percent, but less than or equal to 60 percent, of the state median income, which may be adjusted based on the number of

• 205-A:1 · reference

  ervices, property taxes, and required insurance, do not exceed 30 percent of the gross income of persons of low or moderate income. (b) Manufactured housing parks, as defined in RSA 205-A:1, provided that the park meets the following conditions: (1) The majority of residents, as evidenced by a survey conducted within 3 years of loan origination, attest to being of low or moderate income; and (2) Lot

• 6-C · reference

  impact is indeterminable. However, the potential liability of the state would be up to $300 million. This structure may complicate the calculation of the state’s debt limit under RSA 6-C. AGENCIES CONTACTED: New Hampshire Housing Finance Authority and Treasury Department HELPFUL LINKS Redistricting Information Ethics Committee Statutory/Study Committees Voting Records Past Member Legislation D

RSAs mentioned by this document

• RSA 6-C · DEBT MANAGEMENT
• RSA 204-C · HOUSING FINANCE AUTHORITY
• RSA 205-A · REGULATION OF MANUFACTURED HOUSING PARKS
• RSA 204-C:2 · Authority Established
• RSA 205-A:1 · Definitions