New Hampshire § 204-C:60 Investments of Funds

New Hampshire Statutes

§ 204-C:60 — Investments of Funds

New Hampshire § 204-C:60

Title XVIIHOUSING AND REDEVELOPMENT

Ch. 204-CHOUSING FINANCE AUTHORITY

SubdivisionAffordable Housing Fund

This text of New Hampshire § 204-C:60 (Investments of Funds) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.H. Rev. Stat. Ann. § 204-C:60 (2026).

Text

Moneys deposited in the fund may be invested by the authority; provided, however, that sufficient funds are made available to grant applications for emergency assistance and the routine flow of regular applications. Income earned from such investment shall be returned to the affordable housing fund; provided, however, that the authority may use up to 8.4 percent of any such investment income to defray the costs of administering this subdivision.

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Moneys deposited in the fund may be invested by the authority; provided, however, that sufficient funds are made available to grant applications for emergency assistance and the routine flow of regular applications. Income earned from such investment shall be returned to the affordable housing fund; provided, however, that the authority may use up to 8.4 percent of any such investment income to defray the costs of administering this subdivision.