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RSA 204-C:2 · Authority Established

Title: XVII: HOUSING AND REDEVELOPMENT
Chapter: 204-C · HOUSING FINANCE AUTHORITY
Status: current
Official source linked: Yes

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204-C:2 Authority Established. – There is hereby created a body politic and corporate having a distinct legal existence separate from the state and not constituting a department of state government, to be known as the New Hampshire housing finance authority to carry out the provisions of this chapter. The authority is hereby deemed to be a public instrumentality and the exercise by the authority of the powers conferred by this chapter shall be deemed and held to be the performance of public and essential governmental functions of the state. The rights, remedies, security and obligations of any person holding an outstanding bond or note issued by the New Hampshire housing finance agency or the New Hampshire housing commission prior to the effective date of this chapter, and the rights, remedies and obligations of any person party to any agreement with such agency or commission which are in existence on the effective date of this chapter shall not be impaired or affected in any way by this chapter. Any naming of or reference to the New Hampshire housing finance agency or the New Hampshire housing commission in any bond resolution or other document shall be deemed to include the authority, and all of the covenants and agreements contained in any such bond resolution or other document executed or adopted by or on behalf of the New Hampshire housing finance agency or the New Hampshire housing commission shall be binding on, shall inure to the benefit of, and shall be performed by, the authority whether so expressed or not. All right, title and interest in and to all assets and all obligations and liabilities of the New Hampshire housing finance agency and the New Hampshire housing commission vested in or possessed by said agency or commission on the effective date of this chapter shall vest in and be possessed, performed and assumed by the authority. The passing of rights, remedies, duties, covenants, agreements, security and obligations in accordance with this section shall not increase or diminish them. Source. 1981, 466:2, eff. July 1, 1981.

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Source note

Source. 1981, 466:2, eff. July 1, 1981.

Source history

1981, 466:2, eff. July 1, 1981

Related materials

Bill relationships

2026 HB1042 amend
on May 1, 2015, [and] to $200,000,000 plus interest on June 1, 2023, and to $450,000,000 plus interest on June 1, 2026. 2 Housing Finance Authority; General Obligations. Amend RSA 204-C:28 to read as follows: 204-C:28 General Obligations. I. Except as may otherwise be expressly provided by resolution of the authority, every issue of its notes and bonds shall be general obligations of the authority p
2026 HB1145 add
vestment in affordable housing within the municipality. Affordable housing investment fees shall only be expended to the New Hampshire housing finance authority, as established by RSA 204-C:2, the community development finance authority, as established by RSA 162-L:2, a housing authority of the municipality, as established under RSA 203:4, or a non-profit, established for any of the purposes outlined under R
2026 HB1145-FN add
vestment in affordable housing within the municipality. Affordable housing investment fees shall only be expended to the New Hampshire housing finance authority, as established by RSA 204-C:2, the community development finance authority, as established by RSA 162-L:2, a housing authority of the municipality, as established under RSA 203:4, or a non-profit, established for any of the purposes outlined under R
2026 HB1405 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
2026 HB1405 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
2026 HB1405-FN 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
2026 HB1405-FN 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
2026 HB1661 amend · effective 2028-07-01
Enacted by the Senate and House of Representatives in General Court convened: 1 New Section; Housing Finance Authority; Affordable Housing Fund; Annual Appropriation. Amend RSA 204-C by inserting after section 57-a the following new section: 204-C:57-b Annual Appropriation. There is hereby appropriated annually the sum of $1,500,000 to the housing finance authority established in RSA 204-C, for
2026 HB1661-FN amend · effective 2028-07-01
Enacted by the Senate and House of Representatives in General Court convened: 1 New Section; Housing Finance Authority; Affordable Housing Fund; Annual Appropriation. Amend RSA 204-C by inserting after section 57-a the following new section: 204-C:57-b Annual Appropriation. There is hereby appropriated annually the sum of $1,500,000 to the housing finance authority established in RSA 204-C, for
2026 HB1662 amend
ouse of Representatives in General Court convened: 1 New Section; Housing and Development; Housing Finance Authority; Low-Cost Financing for Developers and Homeowners. Amend RSA 204-C by inserting after section 92 the following new section: 204-C:93 Low-Cost Financing for Developers and Homeowners. Notwithstanding any provision of law to the contrary, the housing finance authority (HFA) shall of
2026 HB1662-FN amend
ouse of Representatives in General Court convened: 1 New Section; Housing and Development; Housing Finance Authority; Low-Cost Financing for Developers and Homeowners. Amend RSA 204-C by inserting after section 92 the following new section: 204-C:93 Low-Cost Financing for Developers and Homeowners. Notwithstanding any provision of law to the contrary, the housing finance authority (HFA) shall of
2026 HB1713 amend · effective 2026-07-01
s. Amend RSA 204-D:1 to read as follows: 204-D:1 Definitions. As used in this chapter: I. "Authority" means the New Hampshire housing finance authority established under RSA 204-C. II. "Committee" means the long range capital planning and utilization committee established under RSA 17-M. III. “Eligible housing” means single-family housing, multi-family housing, manufactured housing parks or