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Published: 6/3/2021 11:14:01 AM
New Hampshire housing advocates say they largely support Gov. Chris Sununu’s recent proposal to divert federal dollars meant for rent relief and other housing aid toward creating new affordable units.
That plan, which requires U.S. Treasury Department approval, would help ease a serious housing crunch in the Granite State, reduce the cost of rent and boost economic growth, they say.
In a May 4 letter, Sununu asked Treasury Secretary Janet Yellen to let New Hampshire use funds from the state’s $200 million Emergency Rental Assistance (ERA) program to help build affordable housing. That program, which opened in March, offers cash aid for past-due and future rent, utilities and other housing-related costs – including internet and relocation expenses – caused directly or indirectly by the COVID-19 pandemic.
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