New Hampshire § 204-C:70 Investment of Funds

New Hampshire Statutes

§ 204-C:70 — Investment of Funds

New Hampshire § 204-C:70

Title XVIIHOUSING AND REDEVELOPMENT

Ch. 204-CHOUSING FINANCE AUTHORITY

SubdivisionLow and Moderate Income Housing Loan Program

This text of New Hampshire § 204-C:70 (Investment 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:70 (2026).

Text

Moneys appropriated under this subdivision and revenues received from interest payments or loan repayments may be invested by the authority. Income earned from such investment and any interest payments received from loan recipients shall be returned to the program; provided, however, that the authority may use up to 10 percent of any such income earned to defray the costs of administering this subdivision.

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Moneys appropriated under this subdivision and revenues received from interest payments or loan repayments may be invested by the authority. Income earned from such investment and any interest payments received from loan recipients shall be returned to the program; provided, however, that the authority may use up to 10 percent of any such income earned to defray the costs of administering this subdivision.