Who Does This Help?
The New Hampshire Homestead Act is designed to provide stability, affordability, and long-term housing security for residents across the state. This initiative benefits:
Long-Time Taxpayers & Homeowners
- Helps protect those who have contributed to New Hampshire’s economy by ensuring they can remain in their homes.
- Provides relief from rising property taxes and housing costs.
First-Time Homebuyers
- Makes homeownership more attainable by offering incentives, protections, or assistance for those entering the housing market.
- Reduces barriers for young professionals and families looking to establish roots in New Hampshire.
Seniors & Retirees
- Allows aging residents to stay in their homes without the burden of excessive property tax increases.
- Provides stability for those on fixed incomes, reducing the risk of displacement.
Workers & Families
- Supports middle-class and working families by ensuring access to affordable housing.
- Helps retain essential workers, such as teachers, healthcare professionals, and first responders, by making homeownership viable.
Rural & Underserved Communities
- Encourages investment in housing where it’s needed most, revitalizing small towns and underdeveloped areas.
- Promotes local economic growth by keeping communities thriving and well-supported.
This initiative is about keeping New Hampshire residents in New Hampshire, fostering community stability, and ensuring housing remains within reach for those who call the Granite State home.