Federal boost for New Hampshire housing: $30 million in grants announced

New Hampshire’s congressional delegation last week announced they successfully secured over $30 million in federal funding from the U.S. Department of Housing and Urban Development (HUD) to help lessen persistent issues around housing affordability in the state. U.S. Senators Jeanne Shaheen and Maggie Hassan, as well as U.S. Representatives Annie Kuster and Chris Pappas shared the news that should provide some help on housing costs.

The allocation includes $21,547,769 dedicated to affordable housing initiatives, community development, and homeless assistance programs, alongside an additional $9,971,896 earmarked for public housing repairs. The funding aims to modernize and enhance New Hampshire’s public housing infrastructure.

Senator Shaheen emphasized the importance of this funding, stating, “Access to affordable housing is critical for the well-being of Granite State families, the workforce, and our economy.” With an estimated requirement of over 60,000 housing units by 2030 to curb rising costs, these funds are expected to bolster community efforts to enhance housing availability and affordability.

RELATED: Senator Shaheen advocates for energy-efficient building codes to lower New Hampshire housing costs

This funding follows a recent announcement of over $12 million from HUD’s Continuum of Care Program, aimed at enhancing housing assistance and support services for those experiencing homelessness in New Hampshire.

Housing has consistently ranked among the top issues for New Hampshire voters. In a UNH poll conducted in August 2023, 27% respondents listed the cost of housing as their number one concern among issues facing the state, followed by cost of living at 13%.

Echoing Shaheen’s sentiments, Senator Hassan highlighted the broader economic implications of the housing shortage, noting its impact on family stability and business growth through workforce recruitment challenges. 

“This federal funding will lower rental costs, support new housing construction projects, and help address homelessness, facilitating thriving Granite State communities,” Hassan remarked.

Representative Pappas said stable New Hampshire housing was foundational in ensuring individual health, well-being, and safety. 

“These funds will provide essential resources for public housing development and modernization, support for low-income renters and homeowners, and increase our affordable housing supply,” Pappas stated.