# 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)](https://www.nhhfa.org/developer-financing/low-income-housing-tax-credits-lihtc/)
- [MULTIFAMILY SUPPORTIVE HOUSING](https://www.nhhfa.org/developer-financing/multi-family-supportive-housing-financing-program/)
- [NON-PROFIT PREDEVELOPMENT LOAN PROGRAM](https://www.nhhfa.org/developer-financing/predevelopment-loan-program/)
- [OTHER FINANCING PROGRAMS](https://www.nhhfa.org/developer-financing/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.