Allows municipalities to apply community revitalization tax relief credits to a wider variety of housing and new structures.
allowing municipalities to utilize community revitalization tax relief credits on a wider variety of properties and structures.
Documenting and preserving public comment reports is a sensible and helpful practice. Those of us who provide comments expect that legislators will take our opinions into account, even if they ultimately disagree. Keeping records can only encourage thoughtful consideration of public input.
We need to address the housing shortage to encourage employment.
Expand tax relief credits for towns to encourage addressing housing shortages
Strongly Oppose
Increasing housing in New Hampshire should be a priority of the legislature. Please support this bill,
Dear Mr. Chair and Members of the Housing Committee, I write in strong support of HB 1103, relative to Community Revitalization Tax Credits. HB 1103 is a proven, effective tool for addressing one of New Hampshire’s most persistent challenges: how to revitalize existing communities, restore aging housing stock, and encourage private investment where it is most needed—without imposing new costs on local property taxpayers. The Community Revitalization Tax Credit program has a demonstrated track record of success. It leverages private dollars to rehabilitate historic buildings, create housing, support workforce development, and strengthen downtowns and village centers across the state. These projects not only preserve community character, they expand housing opportunities and stimulate local economies. HB 1103 builds on that success by ensuring the program remains viable, competitive, and responsive to current housing and development needs. At a time when construction costs are high and financing gaps routinely derail otherwise sound projects, these tax credits often make the difference between a vacant building and productive housing or mixed-use development. Importantly, this program respects local control and encourages partnerships between municipalities, nonprofits, and private developers. It does not mandate development; it incentivizes smart, community-driven investment aligned with local priorities. If the Housing Committee is serious about increasing housing supply, revitalizing existing infrastructure, and strengthening communities without increasing property taxes, HB 1103 is exactly the kind of targeted, fiscally responsible solution we should advance. For these reasons, I respectfully urge the committee to recommend Ought to Pass on HB 1103. Thank you for your consideration. Respectfully, David John Preece State Representative, Hillsborough 17 New Hampshire House of Representatives
Please support a municipalities' utilization of community revitalization tax relief credits as it is an effective tool to create and incentivize more residential housing and not conflict with a municipalities' zoning or Master Plan objectives. Vote Ought to Pass
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