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Lawmakers consider expanding 79‑E to convert more commercial/industrial space to housing
Summary
HB 11‑03 would broaden RSA 79‑E to let municipalities use community revitalization tax relief for commercial and industrial conversions, allow new construction in housing opportunity zones, and give towns flexibility on affordability metrics; supporters say it unlocks development, critics urge consumer protections and clearer covenants.
Representative Al Howland sketched HB 11‑03 as a targeted set of fixes to RSA 79‑E to encourage reuse of underutilized office, commercial and industrial structures for housing and to allow municipalities to negotiate locally appropriate affordability metrics for housing opportunity zones.
Sponsors said the tool is voluntary and locally adopted and can be calibrated to encourage…
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