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HB1661 • 2026

relative to expanding the housing finance authority's community heroes program and makes an appropriation therefor.

relative to expanding the housing finance authority's community heroes program and makes an appropriation therefor.

Budget Housing
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Chris Muns (D), Allan Howland (D), Ellen Read (D), Efstathia Booras (D), Connie Lane (D), Laurel Stavis (D), Erica de Vries (D), Jim Maggiore (D), Debra Altschiller (D), Karen Hegner (D), David Paige (D), Rebecca Perkins Kwoka (D)
Last action
2026-02-05
Official status
HOUSE
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

relative to expanding the housing finance authority's community heroes program and makes an appropriation therefor.

relative to expanding the housing finance authority's community heroes program and makes an appropriation therefor.

What This Bill Does

  • relative to expanding the housing finance authority's community heroes program and makes an appropriation therefor.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-02-05 H

    Inexpedient to Legislate: MA RC 179-166 02/05/2026 HJ 3 P. 50

  2. 2026-01-27 H

    Majority Committee Report: Inexpedient to Legislate 01/20/2026 (Vote 10-8; RC) HC 5 P. 24

  3. 2026-01-27 H

    Minority Committee Report: Ought to Pass

  4. 2026-01-22 H

    Executive Session: 01/20/2026 01:30 pm GP 231

  5. 2026-01-08 H

    Public Hearing: 01/20/2026 01:30 pm GP 231

  6. 2025-12-12 H

    Introduced 01/07/2026 and referred to Housing HJ 1 P. 30

Official Summary Text

relative to expanding the housing finance authority's community heroes program and makes an appropriation therefor.

Current Bill Text

Read the full stored bill text 
HB 1661-FN - AS INTRODUCED

2026 SESSION
26-2876
07/06

HOUSE BILL
1661-FN

AN ACT
relative to expanding the housing finance authority's community heroes program and makes an appropriation therefor.

SPONSORS: Rep. Muns, Rock. 29; Rep. Booras, Hills. 8; Rep. de Vries, Rock. 29; Rep. Hegner, Hills. 41; Rep. Howland, Straf. 20; Rep. Lane, Merr. 16; Rep. Maggiore, Rock. 23; Rep. D. Paige, Carr. 1; Rep. Read, Rock. 10; Rep. Stavis, Graf. 13; Sen. Altschiller, Dist 24; Sen. Perkins Kwoka, Dist 21

COMMITTEE: Housing

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ANALYSIS

This bill directs the housing finance authority to establish a community heroes program.

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Explanation: Matter added to current law appears in
bold italics.
Matter removed from current law appears [
in brackets and struckthrough.
]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
26-2876
07/06

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Twenty-Six

AN ACT
relative to expanding the housing finance authority's community heroes program and makes an appropriation therefor.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 New Section; Housing Finance Authority; Affordable Housing Fund; Annual Appropriation. Amend RSA 204-C by inserting after section 57-a the following new section:
204-C:57-b Annual Appropriation. There is hereby appropriated annually the sum of $1,500,000 to the housing finance authority established in RSA 204-C, for deposit in the affordable housing fund established in RSA 204-C:57, for the purpose of establishing the housing finance authority's community heroes program. The housing finance authority shall not retain more than 10 percent of such appropriation for the purpose of offsetting administrative expenses of the community heroes program. The governor is authorized to draw a warrant for said sum out of any money in the treasury not otherwise appropriated.

2 Housing Fiance Authority; Community Heroes Directive. The housing finance authority shall establish a community heroes program to provide financial assistance to support homeownership for certain essential workers. Eligible borrowers shall be defined through housing finance authority rulemaking to include health care, daycare, and elder care workers, law enforcement officers, firefighters and first responders, educators, and active members of the armed services.

3 Housing Finance Authority; Appropriation. There is hereby appropriated to the housing finance authority the sum of $750,000 for the fiscal year ending June 30, 2027 for the purpose of expanding its community heroes initiative. The housing finance authority shall not retain more than 10 percent of such appropriation for the purpose of offsetting administrative expenses of the community heroes program. The governor is authorized to draw a warrant for said sums out of any money in the treasury not otherwise appropriated.

4 Effective Date.
I. Section 1 of this act shall take effect July 1, 2028.
II. The remainder of this act shall take effect 60 days after its passage.

LBA
26-2876
12/1/25

HB 1661-FN- FISCAL NOTE
AS INTRODUCED

AN ACT
relative to expanding the housing finance authority's community heroes program and makes an appropriation therefor.

FISCAL IMPACT:

Estimated State Impact

FY 2026
FY 2027
FY 2028
FY 2029

Revenue
$0
$0
$0
$0

Revenue Fund(s)
None

Expenditures*
$0
$750,000
$1,500,000
$1,500,000

Funding Source(s)
Affordable Housing Fund/Community Heroes Initiative

Appropriations*
$0
$750,000
$1,500,000
$1,500,000

Funding Source(s)
General Fund

*Expenditure = Cost of bill *Appropriation = Authorized funding to cover cost of bill

METHODOLOGY:
This bill appropriates $750,000 in FY 2027 and $1,500,000 in FY 2028 and annually thereafter to the Housing Finance Authority to support the expansion of its community heroes initiative. The Housing Finance Authority shall not retain more than 10 percent of the appropriation for administrative costs. It also requires an increase in both its grant amount and maximum income eligibility limit, and introduces a new provision allowing recipients to apply grant funds toward interest rate reductions.

AGENCIES CONTACTED:
None