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SB 86 · 2025 · Senate · Commerce Committee

Affordable housing guarantee program

AI-generated

relative to the housing finance authority's affordable housing guarantee program.

Establishes an affordable housing guarantee program within the housing finance authority to promote housing for low- and moderate-income persons.AI-generated

Status

Killed in the Senate — Inexpedient to Legislate · November 3, 2025
  1. ✓Introduced
  2. ✕Senate
  3. House
  4. Governor
  5. Law

Analysis

This bill established a affordable housing guarantee program within the housing finance authority to promote affordable housing for low- and moderate-income persons.

From the bill's official ANALYSIS section.

In the bill's words

Quoted verbatim from the bill As Amended by the Senate (2nd committee). Passages chosen from the operative text.Computed by this site

“"Person of low income" means any individual or family whose gross income is greater than 50 percent, but less than or equal to 60 percent, of the state median income, which may be adjusted based on the number of persons living in a given household.”
RSA 204-C:93
“The authority shall make a good faith effort to approve applications from nonprofit and for-profit lending organizations which provide, or are planning to provide, loans for the creation or preservation of affordable housing, consistent with the criteria established in this subdivision and rules adopted by the authority.”
RSA 204-C:95
“Upon application from a lender, in such form as the authority may require, the authority may issue, or commit itself to issue to the lender or its assigns, a certificate of guarantee equal to 80 percent of the principal due on the loan.”
RSA 204-C:96
“A certificate of guarantee issued by the authority, in the hands of the original lender to whom the certificate was issued, shall be conclusive evidence of its validity for the purposes of this subdivision, except in instances of fraud.”
RSA 204-C:97

Official record

Bill page — docket & status

gc.nh.gov · the authoritative source

Sponsors

Sen. Rebecca Perkins KwokaDPrimeMinority Leader
  • Sen. Suzanne PrentissDAssistant Democratic Leader
  • Sen. Timothy LangRMajority Whip
  • Sen. Daniel InnisRChair· Commerce
  • Sen. Keith MurphyRDeputy President Pro Tempore
  • Sen. Cindy RosenwaldDDeputy Democratic Leader
  • Rep. David PaigeDRanking Member· Housing
  • Rep. Alexis SimpsonDDemocratic Leader
  • Rep. Laurel StavisDRanking Member· Municipal and County Government

Also: Sen. Debra AltschillerD, Sen. Donovan FentonD, Sen. Tara ReardonD, Sen. Pat LongD, Sen. David WattersD

Public testimony

No one submitted online testimony on this bill. See the record

Votes

yeanay
Starting text: Bill as introduced

Hearings and debates

  • Feb 11, 2025Public hearingSenate Commerce1:11:03–1:15:354m 32slocated in the stream transcriptHearing
  • Mar 13, 2025Floor debateSenate floorWatchnot located in the transcript — opens the full streamCommittee Report: Ought to Pass with Amendment # 2025-0728s; Ought to Pass with Amendment #2025-0728s — adopted, voice vote; Committee Amendment # 2025-0728s — adopted, voice vote
  • Mar 27, 2025Floor debateSenate floor5:06:01–5:07:091m 8slocated in the stream transcriptCommittee Report: Ought to Pass with Amendment # 2025-1101s; Ought to Pass with Amendment #2025-1101s — adopted, voice vote; Committee Amendment # 2025-1101s — adopted, voice vote

Timestamps locate where this bill is taken up in the chamber's YouTube stream.

Legislative history

  1. Jan 9, 2025SenIntroduced 01/09/2025 and Referred to Commerce; SJ 3
  2. Feb 11, 2025SenHearing: 02/11/2025, Room 100, SH, 10:00 am; SC 9
  3. Mar 13, 2025SenCommittee Report: Ought to Pass with Amendment # 2025-0728s, 03/13/2025; Vote 5-0; CC; SC 12
  4. Mar 13, 2025SenCommittee Amendment # 2025-0728s, AA, VV; 03/13/2025; SJ 7
  5. Mar 13, 2025SenOught to Pass with Amendment #2025-0728s, MA, VV; Refer to Finance Rule 4-5; 03/13/2025; SJ 7
  6. Mar 27, 2025Sen: Ought to Pass with Amendment # 2025-1101s, 03/27/2025; Vote 6-0; CC; SC 14
  7. Mar 27, 2025SenSB 86 was Removed from the Consent Calendar; 03/27/2025; SJ 9
  8. Mar 27, 2025SenCommittee Amendment # 2025-1101s, AA, VV; 03/27/2025; SJ 9
  9. Mar 27, 2025SenOught to Pass with Amendment #2025-1101s, MA, VV; 03/27/2025; SJ 9
  10. Mar 27, 2025SenSen. Gray Moved Laid on Table, MA, VV; 03/27/2025; SJ 9
  11. Mar 27, 2025SenPending Motion OT3rdg; 03/27/2025; SJ 9
  12. Oct 31, 2025SenInexpedient to Legislate, Senate Rule 3-23, 10/31/2025; SJ 1

Coverage

No reporting linked yet.

Documents (PDF)

Bill text & amendments link direct to gc.nh.gov; committee reports stream from the state record.