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Capital Grant Program

The InvestNH Capital Grant Program makes $60 million available for nonprofit and for-profit developers and/or owners of multi-family rental housing of three (3) or more units per structure that add housing stock that will be used for long-term residential rentals only. Grants are provided to fill funding gaps that have been caused by inflation, supply-chain constraints, and rising interest rates and can be used for costs directly related to construction. There is maximum award of $3 million per eligible project, and at least $10 million in program funds is designated for projects of 15 units or less being developed by non-profit developers.

Please see below for additional program details and guidance.