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Hooksett EDAC discusses village 'heritage neighborhood' and 79‑E tax exemption outreach
Summary
Members of the Hooksett Economic Development Advisory Committee discussed a proposed heritage neighborhood in the village and ways to increase resident uptake of the state RSA 79‑E tax‑exemption program, and agreed to pursue targeted outreach and education.
The Hooksett Economic Development Advisory Committee (EDAC) discussed plans to define a smaller, locally driven “heritage neighborhood” in the village and stepped up outreach about the state RSA 79‑E property tax exemption for rehabilitation during its meeting.
The conversation focused on educating village residents about the existing 79‑E rehabilitation exemption, which EDAC members said is underused in Hooksett. Grant (staff) summarized the eligibility criterion as “the rehabilitation costs ... has to be at least 15% of the building’s pre‑rehab assessed value or $75,000, whichever is less.” Lisa Lally, a newly introduced EDAC member and local realtor, described practical outreach steps and offered to help connect owners to local lenders.
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