Builders Patch | HousingCount: New Hampshire affordable housing data and latest news
New Hampshire
Summary
New Hampshire state is facing an acute affordable housing crisis. For every 100 low-income renter households, there are 55 units available that are affordable to them. The median rent in the state has risen by 30% since 2010, while median household incomes have grown by 35%. Currently, the state is short over 16,869 low-income housing units, meaning rental units that are affordable to households earning ≤60% of AMI.
28.4%
share of renter households
40.1%
share of low-income households
43.8%
share of rent-burdened households
Renter population data
| Households | % share |
|---|---|
| Renter households | 153,349 |
| Homeowner households | 387,149 |
| Total households | 540,498 |
| Low-income renter households | 61,477 |
Renter households by income group
| Income Group | Households | % share |
|---|---|---|
| Extremely low-income ≤30% AMI | 19,938 | 13.0% |
| Very low-income 31-50% AMI | 17,617 | 11.5% |
| Low-income 51-80% AMI | 23,922 | 15.6% |
| All low-income households | 61,477 | 40.1% |
Rent-burdened households
| Burden Type | Households | % share |
|---|---|---|
| Moderately rent-burdened | 36,794 | 24.0% |
| 30.0–34.9% | 13,909 | 9.1% |
| 35.0–39.9% | 10,321 | 6.7% |
| 40.0-49.9% | 12,564 | 8.2% |
| Severely rent-burdened | 30,411 | 19.8% |
| All rent-burdened households | 67,205 | 43.8% |
Affordable housing shortage
| Indicator | Amount($) |
|---|---|
| Median household income (in 2010) | 35,965 |
| Median household income (in 2021) | 48,480 |
| Median rent (in 2010) | 828 |
| Median rent (in 2021) | 1,076 |
| Supply, demand & shortage | Units |
|---|---|
| Supply (current stock) | 20,686 |
| Demand (total units needed) | 37,555 |
| Shortage | 16,869 |
| Supply/demand ratio | 55.1% |
Finance institutions
New Hampshire Housing Finance Authority
P.O. Box 5087
List of loan programs
- LOW-INCOME HOUSING TAX CREDITS (LIHTC)
- MULTIFAMILY SUPPORTIVE HOUSING
- NON-PROFIT PREDEVELOPMENT LOAN PROGRAM
- OTHER FINANCING PROGRAMS
QAP document (Qualified Allocation Plan)
The QAP is a document that states, and a few local agencies, must develop in order to distribute federal Low Income Housing Tax Credits (LIHTCs), which can be awarded only to a building that fits the QAP’s priorities and criteria. The priorities must be appropriate to local conditions.