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House finance panel accepts $280,000 annual state match to keep CDBG funds flowing to New Hampshire towns
Summary
The House Finance Committee unanimously approved the Community Development Finance Authority’s request for a $280,000-per-year state match to administer the federal Community Development Block Grant, a dollar amount the agency says is essential to preserve roughly $9.4 million a year of federal investment in local projects.
The House Finance Committee voted unanimously to accept the Community Development Finance Authority’s (CDFA) request for a state match of $280,000 in fiscal years 2026 and 2027 to administer the federal Community Development Block Grant (CDBG) program on behalf of New Hampshire.
The funding will be used by CDFA to provide technical assistance, contracting, monitoring and other administrative services required to deliver roughly $9.4 million a year in federal CDBG funds to municipalities, nonprofits and businesses, CDFA officials told the committee. Katie Easterly Marty, executive director of CDFA, told the panel the state match allows the authority to…
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