August 03, 2018

At Casimir Place in Nashua, Senator Hassan Emphasizes Importance of Expanding Affordable Housing for Hard-Working Granite Staters

NASHUA – Senator Maggie Hassan emphasized the importance of expanding affordable housing for hard-working Granite Staters today during a visit to Casimir Place. Casimir Place is a Neighborworks Southern New Hampshire development project that provides affordable housing funded by Section 42 Low-Income Housing Tax Credits (LIHTC) and through the HOME Investment Partnerships Program.

During the tour, Senator Hassan met with local stakeholders, including from Neighborworks Southern New Hampshire, Housing Action New Hampshire, United Way of New Hampshire, and Nashua Community Development.

“Affordable and safe housing is critical to our economy and to our high quality of life in the Granite State, and it is also an important priority that I hear about from our businesses who struggle to attract prospective employees because of the shortage of affordable housing in our state,” Senator Hassan said. “I’m committed to supporting affordable housing in New Hampshire to expand opportunity for hard-working Granite Staters and ensure that our businesses have the workforce they need to continue to grow and thrive.”

Senator Hassan recently joined colleagues in introducing the Rent Relief Act, which would help families afford housing by creating a refundable tax credit that would be available to individuals who live in rental housing and spend more than 30 percent of their gross incomes for the taxable year on their rental costs, including utilities. The Senator also cosponsored bipartisan legislation to increase the Low-Income Housing Tax Credit, which facilities like Casimir Place depend upon to continue providing affordable housing.