The agency & primary document
- Allocating agency
- New Hampshire Housing Finance Authority (NHHFA / 'NH Housing')
- QAP / guidelines
- https://www.nhhfa.org/developer-financing/low-income-housing-tax-credits-lihtc/
- Governing document
- NH Housing Market Study Report Requirements (12-point content list, dated July 10, 2024); staleness rule in the Underwriting Standards §5.06.D
- Methodology
- Agency-specific standalone methodology
Required market study sections
New Hampshire uses its own standalone market study methodology rather than the NCHMA Model Content Standards. Own-methodology (pure). NH publishes its own 12-point report-content list and offers the HUD 92273-S8 Rent Comparability Grid as an acceptable format; no NCHMA reference.
Key New Hampshire rules
- Staleness window
- Effective date = site inspection date. 0–6 months current; 6–24 months accepted only with an analyst no-material-change letter; >24 months not accepted
New Hampshire-specific overlays
- Market study by a provider on the NH Housing Market Study Provider List
- Project must not negatively affect an existing publicly assisted affordable rental property; impact analysis on Housing Credit stock required
- Preservation/rehab: monthly vacancy data for ≥3 years; if avg vacancy ≤5% over 3 yrs, content items 7 and 9–12 may be waived
- Non-LIHTC: study generally waived if vacancy <7% over the most recent 3 years
- Statement of competence + statement of non-interest from the primary author
- Local economic analysis covering employment trends over the past 5–10 years
Required companion documents
- Underwriting Standards and Development Policies for Multifamily Finance (June 2024) — §5.06.D governs staleness & provider rules
- 2026 9% LIHTC application Exhibit 18 (Market Study) and Exhibit 19 (Feasibility & Appropriateness Certification)
Things analysts miss in New Hampshire
- The numeric staleness rule is in the Underwriting Standards §5.06.D, not the Market Study Report Requirements doc
- The requirements PDF lives at a legacy /2019/08/ URL but is internally dated July 10, 2024 (current)
Produce a compliant New Hampshire market study in minutes
StudyScribe auto-fills BLS, Census, HUD & FBI data, applies New Hampshire Housing Finance Authority (NHHFA / 'NH Housing')'s requirements, and exports a publication-ready DOCX. Start free — no credit card.
Start a free New Hampshire report →Frequently asked questions
Who reviews LIHTC market studies in New Hampshire?
New Hampshire Housing Finance Authority (NHHFA / 'NH Housing') sets the market study requirements and reviews submissions for New Hampshire Low-Income Housing Tax Credit applications.
How current must a New Hampshire LIHTC market study be?
Effective date = site inspection date. 0–6 months current; 6–24 months accepted only with an analyst no-material-change letter; >24 months not accepted
Does New Hampshire follow NCHMA standards?
Own-methodology (pure). NH publishes its own 12-point report-content list and offers the HUD 92273-S8 Rent Comparability Grid as an acceptable format; no NCHMA reference.
Other states
This summary is for general reference and reflects New Hampshire Housing Finance Authority (NHHFA / 'NH Housing')'s published guidance as understood by StudyScribe; it is not legal or compliance advice. Always confirm requirements against the current QAP / market study guidelines before submission.