TO:             Owners/Management Agents 
FROM:       Asset Management, Management & Development Division
SUBJECT: 2018 Utility Allowances
DATE:        February 9, 2018
 

,

For those properties still using the New Hampshire Housing (PHA) utility allowances, the 2018 Utility Allowances are now posted on our website and they are effective 2/1/18.

Low Income Housing Tax Credit properties must implement changes in Utility Allowances to compute gross rents within ninety (90) days of the effective date. For projects with other funding please follow program specific requirements.

The link to the Utility Allowance is http://www.nhhfa.org/assets/pdf/UtilityAllowance_current.pdf

Please feel free to contact your Asset Manager if you have any questions. We thank you for your continued cooperation.