Low-Income Housing Tax Credit (LIHTC)

Per RSA 75:1-a, VIII. (a)(1), the New Hampshire Department of Revenue Administration develops a market capitalization rate for each county predicated on standard commercial apartment housing (non-lihtc). These rates do not include consideration for local property taxes.

The local assessor should "load" the published New Hampshire Department of Revenue Administration rate with the local property tax.

For more information on the low income housing tax credit, visit the New Hampshire Housing website at www.nhhfa.org.

Forms

1. Click on link above

2. Go to All Department Forms and Instructions

3. Search for form number

• PA-65, Alternate Assessment Election Form Low Income Housing Tax Credit Properties (PDF)
• PA-67, Low Income Housing Tax Credit Program, Annual Filing to Municipality (Excel)

Capitalization (CAP) Rates by County

• 2023 Capitalization Rates by County (PDF)
• 2022 Capitalization Rates by County (PDF)
• 2021 Capitalization Rates By County (PDF)

Statutes (RSAs)

• RSA 75:1-a Residential Property Subject to Housing Covenant Under the Low-Income Housing Tax Credit Program
• RSA 21-J:3 XXIX Duties of Commissioner
• RSA 21-J:14-b, I-a (d) Powers and Duties of the Board
• RSA 204-C:8-a Publication Required

Administrative Rules

PART Rev 611 Low Income Housing Tax Credit Assessment

Portable Document Format (.pdf). Visit nh.gov for a list of free .pdf readers for a variety of operating systems.