HB1145 Relative to affordable housing investment fees.
Relative to affordable housing investment fees.
Impact Score — How Does This Bill Affect You?
Overall Impact Score
Mixed
Scale: 1 (harmful) to 10 (beneficial)
Your Wallet
Developers and homebuyers in municipalities adopting the fee will face higher development costs that may be passed on; however, the bill is optional for municipalities and the fiscal impact remains indeterminable.
Your Community
Municipalities that adopt the ordinance could generate significant revenue for affordable housing development, potentially expanding housing access in communities where it's adopted.
Your Freedom
The bill preserves municipal autonomy by making adoption voluntary and allows municipalities that choose it to fund affordable housing through market-based mechanisms rather than general taxation.
Status
Minority Committee Report: Refer for Interim Study
Sponsor
David Preece (D)
The Short Version
This bill allows NH municipalities to voluntarily adopt fees on new development projects that don't include affordable housing, with collected fees dedicated to affordable housing investments. Municipalities choosing to adopt this tool could generate over $100,000 annually, but the bill's actual impact depends entirely on which towns implement it and at what rates.
Who's Behind This Bill?
Who Benefits
- ▲ Municipalities that adopt the ordinance (potential revenue over $100,000 annually per municipality)
- ▲ Low-income residents in communities that adopt the fee and invest proceeds in affordable housing
- ▲ Non-profit housing organizations and housing authorities that may receive fee revenue
- ▲ Municipalities seeking tools to address local affordable housing shortages
Who Pays the Price
- ▼ Developers undertaking projects without affordable housing components in municipalities with the ordinance
- ▼ Homebuyers in municipalities adopting the fee, who may see higher development costs reflected in purchase prices
- ▼ Municipalities adopting the ordinance will incur administrative costs (estimated less than $10,000 annually) for setup and reporting
Bill statuses as of October 7, 2026. Check LegiScan or NH General Court for the latest.
This bill was auto-scored using AI analysis of the bill text and legislative data. Scores may be refined as we review more bills.