Title XVII, Housing and Redevelopment

All housing projects of an authority shall be subject to the planning, zoning, sanitary and building laws, ordinances and regulations applicable to the locality in which the housing project is situated. In the planning and location of any housing project, an authority shall take …

An authority shall have power to issue bonds from time to time in its discretion, for any of its corporate purposes. An authority shall also have power to issue refunding bonds for the purpose of paying or retiring bonds previously issued by it. An authority may issue such types …

I. Bonds of an authority shall be authorized by its resolution and may be issued in one or more series and shall bear such date or dates, mature at such time or times, bear interest at such rate or rates, be in such denomination or denominations, be in such form, either coupon or…

The state and all public officers, municipal corporations, political subdivisions, and public bodies, all banks, bankers, trust companies, savings banks and institutions, investment companies, insurance companies, insurance associations and other persons carrying on a banking or …

In connection with the issuance of bonds or the incurring of obligations under leases and in order to secure the payment of such bonds or obligations, an authority, in addition to its other powers, shall have power: I. To pledge all or any part of its gross or net rents, fees or …

An obligee of an authority shall have the right in addition to all other rights which may be conferred on such obligee, subject only to any contractual restrictions binding upon such obligee: I. By mandamus, suit, action or proceeding at law or in equity to compel said authority …

An authority shall have power by its resolution, trust indenture, mortgage, lease or other contract to confer upon any obligee holding or representing a specified amount in bonds, or holding a lease, the right (in addition to all rights that may otherwise be conferred), upon the …

It is hereby declared: (a) that there exist in the state insanitary or unsafe dwelling accommodations and that persons of low income are forced to reside in such insanitary or unsafe accommodations; that within the state there is a shortage of safe or sanitary dwelling accommodat…

All real property of an authority shall be exempt from levy and sale by virtue of an execution, and no execution or other judicial process shall issue against the same nor shall any judgment against an authority be a charge or lien upon its real property; provided, however, that …

In addition to the powers conferred upon an authority by other provisions of this chapter, an authority is empowered to borrow money or accept contributions, grants or other financial assistance from the federal or state government for or in aid of any housing project within its …

The property of an authority is declared to be public property used for essential public and governmental purposes and such property and an authority shall be exempt from all taxes and special assessments of the state or any political subdivision thereof; provided, however, that …

For the purpose of aiding and co-operating in the planning, undertaking, construction or operation of housing projects located within the area in which it is authorized to act, any municipality may upon such terms, with or without consideration, as it may determine: I. Dedicate, …

In connection with any housing project located wholly or partly within the area in which it is authorized to act, any municipality or taxing power thereof may agree with a housing authority or the federal government that a certain sum or that no sum shall be paid by the authority…

Any municipality in which a housing authority has been created shall have the power from time to time to lend or donate money to such authority or to agree to take such action. Such housing authority, when it has money available therefor, shall make reimbursements for all such lo…

The exercise by a municipality of the powers herein granted may be authorized by resolution of the governing body of such municipality adopted by a majority of the members of its governing body present at a meeting of said governing body, which resolution may be adopted at the me…

At least 30 days prior to the annual public hearing on the municipality's budget, an authority shall file with the clerk a financial report for the authority's last fiscal year, provided that such fiscal year shall end at least 90 days prior to the public hearing. Such report sha…

The following terms, wherever used or referred to in this chapter, shall have the following respective meanings, unless a different meaning clearly appears from the context: I. "Authority" or "housing authority" shall mean any of the public corporations created by RSA 203:4. II. …

In each municipality, as herein defined, of the state there is hereby created a public body corporate and politic to be known as the housing authority of the municipality; provided that such authority shall not transact any business or exercise its powers as hereunder until the g…

When the governing body of a municipality adopts a resolution as aforesaid, it shall promptly notify the mayor of such adoption. Upon receiving such notice, the mayor shall appoint 5 persons as commissioners of the authority created for said municipality. The commissioners who ar…

No commissioner or employee of an authority shall acquire any interest direct or indirect in any housing project or in any property included or planned to be included in any project, nor shall he have any interest direct or indirect in any contract or proposed contract for materi…

For inefficiency or neglect of duty or misconduct in office, a commissioner of an authority may be removed by the mayor, but a commissioner shall be removed only after he shall have been given a copy of the charges at least 10 days prior to the hearing thereon and had an opportun…

An authority shall constitute a public body corporate and politic, exercising public and essential governmental functions, and having all the powers necessary or convenient to carry out and effectuate the purposes and provisions of this chapter, including the following powers in …

It is hereby declared to be the policy of this state that each housing authority shall manage and operate its housing projects in an efficient manner so as to enable it to fix the rentals for dwelling accommodations at the lowest possible rates consistent with its providing decen…

As used in this chapter unless the context clearly indicates otherwise: I. "Authority" shall mean the New Hampshire housing finance authority. II. "Board" shall mean the housing finance board. III. "Bonds" shall mean bonds of the authority issued under this chapter, including ref…

As used in this chapter: I. "Authority" means the New Hampshire housing finance authority established under RSA 204-C. II. "Committee" means the long range capital planning and utilization committee established under RSA 17-M. III. "Persons of low income" means individuals or fam…

On all construction loans for the construction or rehabilitation of 11 or more dwelling units, as defined by the authority pursuant to adopted rules, the authority shall require bonds to be furnished by the mortgagor, an equivalent escrow or letter of credit arrangement supervise…

The area of operation of the authority shall be the entire state. The authority is a public housing agency as defined in the United States Housing Act of 1937. The authority is the only statewide public housing agency and is the sole entity authorized in New Hampshire to undertak…

I. Notwithstanding any other requirement of this chapter relating to the making or purchasing of loans or mortgage loans or to the provisions of RSA 204-C:28, the authority may make loans on such terms, conditions and security, if any, as the authority may determine, to nonprofit…

Any project or program undertaken under the provisions of this chapter shall be exempt from the provisions of RSA 228.

All bonds issued by the authority shall be subject to applicable federal law.

Without limiting the generality of the powers granted under RSA 204-C:8, with respect to mortgage loans to be made by the authority, the authority may: I. Make, undertake commitments to make and participate with governmental agencies, lending institutions and other sources in the…

Mortgage loans made by the authority to eligible mortgagors shall be made subject to the following terms and conditions: I. No application for a mortgage loan shall be approved unless the applicant is an eligible mortgagor. II. Mortgage loans shall be made at interest rates estab…

Without limiting the generality of the powers granted under RSA 204-C:8, the authority may: I. Invest in, purchase or make commitments to purchase, and take assignments from lending institutions of loans, whether or not secured by a mortgage, mortgage loans and promissory notes a…

At or before the time of purchase of any loan or mortgage loan, the lending institution which made such loan or mortgage loan shall certify to the authority with respect to all loans or mortgage loans transferred to the authority: I. That the loans or mortgage loans transferred t…

Without limiting the generality of the powers granted under RSA 204-C:8, the authority may: I. Make loans to lending institutions under terms and conditions requiring the proceeds of the loans to be used by such lending institutions for the making of new mortgage loans for housin…

There is hereby created a body politic and corporate having a distinct legal existence separate from the state and not constituting a department of state government, to be known as the New Hampshire housing finance authority to carry out the provisions of this chapter. The author…

The provisions of RSA 4:40 notwithstanding, the governor and council may transfer surplus state owned property to the authority for use as sites for low and moderate income housing. Transfer of property for this purpose shall occur under the following procedure: I. The authority …

Prior to making any mortgage loan or any loan to a lending institution, or prior to purchasing any loan or mortgage loan under this chapter, the authority shall find with respect to each such commitment: I. That, with respect to rental multi-family housing, eligible elderly and l…

With respect to mortgage loans made by the authority under RSA 204-C:15, each mortgage to an eligible mortgagor of multi-family housing shall be subject to a regulatory agreement between the authority and the mortgagor which subjects the multi-family housing, the mortgagor and pr…

With respect to mortgage loans made by the authority under RSA 204-C:15, the authority shall, pursuant to rules adopted by it, make the following initial rental determinations for the dwelling units included in rental multi-family housing financed under this chapter: I. The rent …

After such initial rental determinations, any adjustment in the rents or carrying charges to be charged for housing financed under this chapter shall either be approved by the authority or comply with rules, if any, of the authority in effect at the time which govern such adjustm…

With respect to mortgage loans made by the authority under RSA 204-C:15, before making a loan commitment for multi-family housing, the authority shall approve a tenant or owner selection plan submitted by the eligible mortgagor. The authority shall make and publish rules from tim…

The authority shall have the power, and is hereby authorized to issue its bonds and notes in such principal amount as the authority shall determine to be necessary to provide sufficient funds for achieving any of its corporate purposes, including the making and purchase of mortga…

The authority is authorized to provide for the issuance of its bonds or notes for the purpose of refunding any bonds or notes of the authority then outstanding, including the payment of any redemption premium on such bonds and notes and any interest accrued or to accrue to the ea…

I. Except as may otherwise be expressly provided by resolution of the authority, every issue of its notes and bonds shall be general obligations of the authority payable out of any revenues or moneys of the authority, subject only to any agreements with the holders of particular …