Low Income Housing Tax Credit
Per RSA 75:1-a, VIII. (a)(1), the New Hampshire Department of Revenue Administration develops a market capitalization rate for each county predicated on standard commercial apartment housing (non-LIHTC). These rates do not include consideration for local property taxes.
The local assessor should "load" the published New Hampshire Department of Revenue Administration rate with the local property tax.
For more information on the low-income housing tax credit, visit the New Hampshire Housing website at www.nhhfa.org.
The following forms are available under the heading Property in our Forms Library:
- PA-65, Alternate Assessment Election Form Low Income Housing Tax Credit Properties
- PA-67, Low Income Housing Tax Credit Program, Annual Filing to Municipality
Capitalization (CAP) Rates by County
- 2023 Capitalization Rates by County
- 2022 Capitalization Rates by County
- 2021 Capitalization Rates by County
Statutes/Laws
- RSA 75:1-a Residential Property Subject to Housing Covenant Under the Low-Income Housing Tax Credit Program
- RSA 21-J:3 XXIX Duties of Commissioner
- RSA 21-J:14-b, I-a (d) Powers and Duties of the Board
- RSA 204-C:8-a Publication Required