The City Council will hold a workshop on “attainable housing” and InvestNH on Wednesday, Sept. 7, at 7 p.m. Attainable housing refers to housing priced at fair or below market values based on the U.S. Department of Housing and Urban Development (HUD) guidelines.
InvestNH is a recent state initiative administered by the Division of Economic Development using $100 million of federal funds “to accelerate the approval and construction of affordable workforce housing in New Hampshire,” according to the InvestNH website.
According to the website, the funds are for multifamily rental housing affordable to individuals and families at or below 80% of the area median income. Other municipal programs under InvestNH will provide grants to communities that approve these projects, grants to update or review zoning, and dilapidated building demolition grants.
Also on the workshop agenda is a review of City Council goals and a discussion on updating City Manager goals.
The workshop will be held in McConnell Center’s Room 306. Click here for the complete agenda.
Original source can be found here.
