$18 million awarded to boost affordable housing in New Hampshire
American Rescue Plan grants to aid initiatives in Manchester, Nashua, around state
The grants, announced by members of the state’s congressional delegation, from through the HOME Investment Partnerships Program, which is funded through the recently passed American Rescue Plan.
All told, $5 billion is set aside in the ARP to provide assistance to states and communities to expand access to new affordable housing, rental assistance, supportive services and non-congregate shelter units.
Under the latest allocation, Manchester will receive $2.5 million, Nashua will receive $1.6 million and the state will get $13.8 million. The state’s share will be used to support initiatives in municipalities and counties around the state.
According to Dean Christon, executive director of the New Hampshire Housing Finance Authority, the new funding “provides important flexible financing to expand affordable housing options in communities throughout New Hampshire. It will also provide critical support services for those who are experiencing homelessness and housing insecurity.”