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HB604: relative to a loan forgiveness program for low-income homeowners to build new accessory dwelling units or renovate existing structures into accessory dwelling units.
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RSA references from bill data
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204-C
· amend
· effective 2025-07-01
accessory dwelling units. Be it Enacted by the Senate and House of Representatives in General Court convened: 1 New Section; Loan Forgiveness Program Established. Amend RSA 204-C by inserting after section 70 the following new section: 204-C:64-a Loan Forgiveness Program. I. There is hereby established a conditional loan program to be administered by the New Hampshire housing finance authori
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204-C:57
· reference
· effective 2025-07-01
etached ADUs or renovate existing structures into attached or detached ADUs. Funds for the program and its administration shall come from the affordable housing fund, pursuant to RSA 204-C:57. II. For purposes of this section: (a) “Lower-income homeowner” means a homeowner with a household income at or below 80 percent of the area median income (AMI) as determined by the U.S. Department of Housing and Urba