Affordable Housing Education & Development (AHEAD) Recognizes New Hampshire Housing as Partner of the Year

Affordable Housing Education & Development (AHEAD) recently recognized New Hampshire Housing as their “Partner of the Year” for continued support of the organization and its mission.

During the organization’s annual meeting, AHEAD Director David Wood presented the award to New Hampshire Housing where Managing Director of Home ownership, Ignatius MacLellan, and Rental Assistance Supervisor, Amy McCaffrey were on hand to accept the award.

For many years, New Hampshire Housing has supported AHEAD and its mission to provide safe and affordable homes for northern New Hampshire families. Through our Asset Management group, AHEAD’s property management staff receives oversight, guidance and technical assistance for long-term rental property sustainability. Asset Management staff also offer AHEAD assistance with regulatory compliance for over 300 North Country units as well as funding for many of their development projects.

Through funding and public support, New Hampshire Housing was instrumental in helping AHEAD lay the foundation for their Home Ownership Center, which provides support to first-time home buyers in the North Country.

We are proud to support AHEAD and thank them for recognizing us as their 2012 Partner of the Year!

Financing for Seniors with Limited Incomes Will Help Developers Revitalize Senior Housing in New Hampshire

At its recent meeting, New Hampshire Housing Finance Authority’s Board of Directors approved funding for several six projects throughout the state under its Greener Homes Program. The funds will help the buildings’ new owners renovate and upgrade the housing units and, most importantly, keep the units in service as affordable senior housing.

These projects will benefit from funding through New Hampshire Housing Finance Authority’s Greener Homes Program. The program financing will be used to complete energy efficiency upgrades that will make these units more efficient, thus reducing energy consumption and costs. As part of the Greener Homes Program’s requirements, all five facilities will continue to provide nearly 140 units of affordable, energy efficient apartment homes for senior citizens for a minimum of 20 years.

This round of financing through the Greener Homes Program totaled $1.15 Million. All and the the projects approved in this round serve low-income seniors within their communities. They include:

  • Pondview Apartments: Located at 104 Pleasant Street in Conway, Pondview Apartments is comprised of provide 12 one-bedroom affordable apartments within housing units for seniors. The apartments comprise two wood frame buildings that were originally constructed in 1979.
  • Mountainview Apartments: Located at 1 Sunset Place in Center Ossipee, Mountainview Apartments was also constructed in 1979 and features 24 one-bedroom apartments in consist of five wood framebuildings buildings built in 1979 comprising 24 one-bedroom affordable housing units for seniors.
  • Highland House Apartments: Located at 28 Highland Street, in WWhitefield, Highland House Apartments werewas built in 1980 and is comprised ofcomprises 33 one-bedroom and three two-bedroom affordable housing units for seniorsunits.
  • Xavier House Apartments: Located in at 25 Morgan Street, Nashua, Xavier House Apartments are located in a building that was constructed in 1920 and originally used as a school. In 1980 the building was expanded and converted for use as housing. The building contains 30 one-bedroom and four two-bedroom affordable housing units for seniorsapartments.
  • Rush Square Apartments: Located atin 171 Rush Road, Henniker, Rush Square provides 40 one-bedroom affordable housing units for seniorsapartments that were, originally constructed in 1980.

Learn more about how New Hampshire Housing and the Greener Homes Program at www.nhhfa.org.

Managing Director of Homeownership Helps Build Home for Family in El Salvador

Managing Director of Homeownership, Ignatius MacLellan, recently lead a group of individuals from New Hampshire to San Jose Villanueva, El Salvador to construct a home for the Martinez Family.

“Many of the families here in San Jose Villanueva are living in homes constructed with tin roofs, dirt floors and hammocks for beds,” said Ignatius. “Being able to build a home for the Martinez family that will provide security and protection from the elements is what we sought and it was a success”.

Seventeen high school students and chaperones joined MacLellan for the week-long journey to the small, economically challenged village in El Salvador and the photo captures the happiness and appreciation of our friends in El Salvador.

New Hampshire Housing Hosts 10th Annual Home Buyer Fair

Are you or someone you know ready to purchase a home? On Saturday, April 14, 2012 from 9:00 a.m. to 2:00 p.m. at the Radisson Hotel – Center of New Hampshire, New Hampshire Housing will host its 10th Annual Home Buyer Fair.

The process of purchasing a home can seem daunting, especially for first-time buyers which is why the Home Buyer Fair will provide prospective home buyers with useful information and tools to navigate the buying process.

At the Home Buyer Fair, attendees will be able to enjoy free educational seminars and talk with Realtors, lenders, title companies, relevant nonprofit organizations and state and federal agencies to help them feel more comfortable about taking the next step.

Admission to the 10th Annual Home Buyer Fair is free and all attendees can enter to win exciting door prizes.

For more information about New Hampshire Housing’s 10th Annual Home Buyer Fair, please visit http://www.GoNewHampshireHousing.com or call 1-800-649-0470.

New Hampshire Housing Offers Foreclosure Counseling Grants to Six Non-Profits in New Hampshire

New Hampshire Housing Finance Authority today announced that its board of directors has awarded grants totaling $200,000 to six New Hampshire non-profit organizations to provide pre- and post-foreclosure counseling, and related legal services.  The awards are expected to support counseling services for more than 1,000 individuals statewide.

The following non-profit organizations will receive foreclosure counseling grants:

1.)                Affordable Housing, Education and Development (AHEAD)

2.)                Laconia Area Community Land Trust

3.)                New Hampshire Legal Assistance

4.)                NeighborWorks Greater Manchester and CATCH Neighborhood Housing

5.)                Pro Bono

6.)                The Way Home

This is the third round of foreclosure counseling grants awarded by New Hampshire Housing over the past few years, bringing the total funding amount to nearly $750,000.

New Hampshire Housing Recognizes Top 10 Real Estate Offices for 2011


New Hampshire Housing Finance Authority recently announced its “Top 10” participating real estate offices for 2011. Together these offices actively helped 283 families purchase first homes through the agency’s Single Family Mortgage Program which generated approximately $44 million in affordable mortgages to qualified first-time home buyers over the past year.

The Single Family Mortgage Program provides affordable mortgage financing with low fixed interest rates, low down payment requirements and cash assistance grants to help borrowers with down payment and closing costs. To qualify for the program, borrowers must meet certain income limits and purchase price limits.

New Hampshire Housing’s 2011 Top 10 Real Estate Offices (listed in order by the number of families who purchased homes through the Single Family Mortgage Program):

1.)           Coldwell Residential Brokerage

2.)           Keller Williams Metropolitan

3.)           Prudential Verani Realty

4.)           Better Homes and Gardens – The Masiello Group

5.)           Bean Group

6.)           RE/MAX Synergy

7.)           RE/MAX Properties

8.)           RE/MAX Omega

9.)           Keller Williams Coastal Realty

10.)        RE/MAX Connection

For more information about the Single Family Mortgage Program and to learn how to apply, contact New Hampshire Housing’s Home Ownership Division at 1-800-649-0470 or visit www.GoNewHampshireHousing.com.

New Hampshire Housing Continues Community Involvement Through Contributions To The United Way and American Cancer Society

Recently, New Hampshire Housing embarked on its annual Granite United Way campaign where staff made contributions totaling $12,710! A huge THANK YOU goes out to everyone who participated and supported this effort in 2011. We were excited to receive a letter from Patrick Tufts, President and CEO of Granite United Way thanking us for our gift, adding a personal note that reads, “Thank you for all that NHHFA does for United Way!”

Additionally, New Hampshire housing also participated in the American Cancer Society’s 2012 Daffodil Days Campaign, raising nearly $1,000, which supports the ACS’ mission to raise funds and awareness of the disease.

Cindy Morse of New Hampshire Housing did an exceptional job coordinating both campaigns! We are always happy to support our local communities, making them a better place while helping those in need.

New Hampshire Housing Recognizes Top 10 Originators for 2011

New Hampshire Housing Finance Authority recently released its annual list of “Top 10” participating originators for 2011. Together, these individuals originated 166 loans, accounting for nearly $25,000,000 in first-time home buyer mortgages through the agency’s Single Family Mortgage Program.

The Single Family Mortgage Program provides affordable mortgage financing with low fixed interest rates, low down payment requirements and cash assistance grants to help borrowers with down payment and closing costs. To qualify for the program, borrowers must meet certain income limits and purchase price limits.

New Hampshire Housing Finance Authority’s 2011 Top 10 Originators (in order by number of loans closed): 

1.)           Carol Jordan, Merrimack Mortgage Company, Inc.

2.)           Gladys White, Residential Mortgage Services, Inc.

3.)           Lisa Capicchioni, Residential Mortgage Services, Inc.

4.)           Deb Austin-Brown, Merrimack Mortgage Company, Inc.

5.)           Renee Duval, Merrimack Mortgage Company, Inc.

6.)           Jane Jordan, Mortgage Network, Inc.

7.)           David J. Balshaw, NE Moves Mortgage Corp.

8.)           Marcia Robinson, Hampshire First Bank

9.)           Dennis Kochanek, Residential Mortgage, Inc.

10.)        Joseph Cipollo, Regency Mortgage Corp.

The Single Family Mortgage Program offers excellent options for people who are considering home ownership.  To learn more about the program, including how to apply, contact New Hampshire Housing’s Home Ownership Division at 1-800-649-0470 or visit www.GoNewHampshireHousing.com.

New Hampshire Housing Recognizes Top 10 Lenders for 2011

New Hampshire Housing Finance Authority recently announced the annual recognition of the “Top 10” participating lenders for 2011. Together, these lenders closed slightly greater than 81% of the loans – 500 in all – extended to low- and moderate-income first-time home buyers through the agency’s Single Family Mortgage Program over the past year.

The Single Family Mortgage Program provides affordable mortgage financing with low fixed interest rates, low down payment requirements and cash assistance grants to help borrowers with down payment and closing costs. To qualify for the program, borrowers must meet certain income and purchase price limits.

New Hampshire Housing Finance Authority’s 2011 Top 10 Lenders (in order by number of loans closed):

1.)           Merrimack Mortgage Company, Inc.      

2.)           Residential Mortgage Services, Inc.

3.)           Regency Mortgage Corp.

4.)           Wells Fargo Home Mortgage

5.)           Mortgage Network Inc.

6.)           NE Moves Mortgage Corp.

7.)           NH Housing Finance Authority

8.)           Northway Bank

9.)           St. Mary’s Bank

10.)        Connecticut River Bank

The Single Family Mortgage Program offers excellent options for people who are considering home ownership.  To learn more about the program, including how to apply, contact New Hampshire Housing’s Home Ownership Division at 1-800-649-0470 or visit www.GoNewHampshireHousing.com.

New Hampshire Housing Donates 500 Canned Goods to the New Hampshire Food Bank

The recent social media campaign “Click to Fight Hunger” was a resounding success! As a result of the online campaign, the agency will donate more than 500 canned food items to the New Hampshire Food Bank; weighing- in at over 350 pounds, the food will help restore the Food Bank’s inventory after the high-demand holiday season.

The “Click to Fight Hunger” campaign ran on the New Hampshire Housing Facebook page throughout the month of January and for every new “like,” we pledged to donate one can of food to the New Hampshire Food Bank with the goal of reaching 500 new likes. New Hampshire Housing’s Facebook page received over 400 new likes during the campaign, yet the agency donated extra cans of food to reach the goal of 500 cans because the need is so great.

“We are grateful to New Hampshire Housing for their donation of 500 cans of food,” said Mel Gosselin, Executive Director, New Hampshire Food Bank. “Our inventory is depleted after the holidays, so this donation is timely and will help us maintain our food supply to New Hampshire agencies during winter months when demand is high.”

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