New Hampshire HB1786: relative to creating a state assessment on non-homestead luxury second homes to fund statewide housing development programs and address housing shortages and making appropriations therefor.

What the bill says

An act relative to creating a state assessment on non-homestead luxury second homes to fund statewide housing development programs and address housing shortages and making appropriations therefor. Rep. Booras, Hills. 8; Rep. de Vries, Rock. 29; Rep. Hegner, Hills. 41; Rep. Howland, Straf. 20; Rep. Lane, Merr. 16; Rep. D. Paige, Carr. 1; Rep. Preece, Hills. 17; Rep. Read, Rock. 10; Rep. Stavis, Graf. 13; Sen. Altschiller, Dist 24; Sen. Perkins Kwoka, Dist 21 COMMITTEE: Housing ───────────────────────────────────────────────────────────────── ANALYSIS This bill: I. Establishes a framework to exp.

From the introduced text, January 7, 2026:

AN ACT relative to creating a state assessment on non-homestead luxury second homes to fund statewide housing development programs and address housing shortages and making appropriations therefor. Rep. Booras, Hills. 8; Rep. de Vries, Rock. 29; Rep. Hegner, Hills. 41; Rep. Howland, Straf. 20; Rep. Lane, Merr. 16; Rep. D. Paige, Carr. 1; Rep. Preece, Hills. 17; Rep. Read, Rock. 10; Rep. Stavis, Graf. 13; Sen. Altschiller, Dist 24; Sen. Perkins Kwoka, Dist 21 COMMITTEE: Housing ───────────────────────────────────────────────────────────────── ANALYSIS This bill: I. Establishes a framework to expand affordable housing and housing-related infrastructure through financing, tax credits, workforce development, and municipal incentives. II. Establishes a multi-stakeholder commission to study how to leverage the state's borrowing power to provide below-market financing for housing and infrastructure, including recommendations for a dedicated investment fund. III. Expands the community development finance authority's investment tax credit program in phased amounts from FY 2026 to FY 2033, exclusively for housing and housing-related infrastructure projects. IV. Offsets the expanded tax credits by transferring equivalent revenue from a new luxury second home state assessment. V. Appropriates $15 million to the state workforce innovation fund to support building trades training, apprenticeships, tuition assistance, and supplemental apprentice wages. VI. Provides designated municipalities with access to grants, loans, expedited approvals, and financing tools to encourage housing production and infrastructure development. VII. Creates a …