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Politics

Executive Council approves $100 million housing fund

N.H. Executive Councilor Cinde Warmington
Dan Tuohy / NHPR
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Executive Councilor Cinde Warmington discusses the proposed $100 million housing fund May 4, 2022 at the New Hampshire State House.

CONCORD, N.H. (AP) — Gov. Chris Sununu's $100 million housing investment fund has been approved.

The fund, paid for with federal American Rescue Plan money that Sununu once opposed, will be used to provide grants to developers for multifamily housing projects, incentives for communities that move quickly with permitting, and money for demolishing vacant buildings.

Related coverage:

The Legislature's fiscal committee approved accepting and spending the money last month, and the Executive Council did the same Wednesday.
Republican David Wheeler was the only councilor to vote no.

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