1. NEW HAMPSHIRE PROCESS AND PROJECTS
HOUSING TRUST FUND 2016
NEW HAMPSHIRE PROCESS AND PROJECTS

2. Allocation Plan Development
Formula Allocation
Phased Planning Process
Prioritization
Application and Award Processes
Approval Process

3. Award Process LIHTC – Blending of HTF units into 9% projects
Special Needs HTF competition - dedicated projects

4. Parkhurst Place

5. Parkhurst Place Sources and Uses
Amount
Uses
NHHFA Special Needs/HTF
$ 1,350,000
Construction
$ 990,000
NHCLF Amortizing Loan
$ ,000
Soft costs including design
$ 157,300
Private Donations
$ ,000
Financing costs
$ ,000
Energy efficiency rebates
$ ,500
Third party reports and relocation expenses
$ 138,200
Acquisition
$ 655,000
Reserves
$ ,000
Developer fee and Consultant fee
$ 140,000
Total Development Cost
$ 2,181,500
Cost per unit
$ ,194

6. Boulder Point Veterans Housing

7. Boulder Point Veterans Housing – Sources and Uses
Amount
Uses
LIHTC Equity
$ 2,013,247
Acquisition
$ ,000
NHHFA Special Needs/HTF
$ 1,350,000
Construction
$ 4,704,771
NHHFA HOME
$ ,000
Architecture and engineering
$ ,880
Private Donations
$ ,000
Interim Costs
$ ,750
CDFA state tax credits
$ ,000
Financing expenses
$ ,009
Developer fee loan
$ ,963
Other Soft Costs
$ ,300
Northern Borders Regional Commission grant
$ ,000
Developer Fee
$ ,000
MVSB Amortizing Loan
$ 1,600,000
Reserves
$ ,500
Total Development Cost:
$7,033,210
Cost per unit
$ 234,440