reglab/housing_qa huggingface dataset:
NH Rev Stat § 162-K:9 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-K - Municipal Economic Development and Revitalization Districts|Section 162-K:9 - Tax Increment Financing Plan.

    162-K:9 Tax Increment Financing Plan. –||The municipality shall adopt a tax increment financing plan for any development district established under this chapter. The plan shall allocate use of tax increments for retirement of bonds and notes, operation, maintenance and improvements in the district and for general municipal purposes.||I. A tax increment financing plan shall contain a statement of objectives of a municipality for improvement of a development district. Such plan shall be incorporated into the development program for the district. It shall contain estimates of the following: cost of the development program; sources of revenues to finance those costs including estimates of tax increments; amount of bonded indebtedness to be incurred; and the duration of the program's existence. The plan shall also contain a statement of the estimated impact of tax increment financing on the assessed values of all taxing jurisdictions in which the district is located.||II. Before approving any tax increment financing plan, a public hearing shall be held as part of the hearing on the development district under RSA 162-K:4.||III. Before formation of a development district, the municipality shall provide a reasonable opportunity to the county commissioners of any county in which any portion of the development district is located and to the members of the school board of any school district in which any portion of the development district is located to meet with the governing body. The governing body shall fully inform the county commissioners and the school boards of the fiscal and economic implications of the proposed development district. The county commissioners and the school boards may present their recommendations at the public hearing. A municipality's tax increment financing plan may include agreements with the county commissioners and the school boards in which the district is located to share a portion of the captured tax increments of the district.||IV. A tax increment financing plan may be modified provided such modification shall be approved by the legislative body upon such notice and hearing and agreements as are required for approval of the original plan. In a case where the financing plan calls for the appropriation of a specific sum of money, the sum of money appropriated thereunder may be decreased or increased by the vote of the legislative body, provided that in a town under the municipal budget act no increase shall be valid which would violate the provisions of RSA 32:18, except as provided in RSA 32:18-a. Any modification shall maintain use of dedicated tax increments for retirement of bonds and notes as required.|||Source. 1979, 175:2, eff. Aug. 5, 1979. 2015, 167:1, eff. Aug. 25, 2015.|
NH Rev Stat § 162-K:11 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-K - Municipal Economic Development and Revitalization Districts|Section 162-K:11 - Annual Report.

    162-K:11 Annual Report. –||The municipality's annual report shall contain a financial report for any development district in the municipality. The report shall include at least the following information: the amount and source of revenue of the district, the amount and purpose of expenditures, the amount of principal and interest on any outstanding bonded indebtedness, the original assessed value of the district, the captured assessed value retained by the district, the tax increments received and any additional information necessary to demonstrate compliance with the tax increment financing plan.|||Source. 1979, 175:2, eff. Aug. 5, 1979.|
NH Rev Stat § 162-K:12 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-K - Municipal Economic Development and Revitalization Districts|Section 162-K:12 - Maintenance and Operation.

    162-K:12 Maintenance and Operation. –||Maintenance and operation of the systems and improvements constructed under this chapter shall be under the supervision of the district administrator. The cost of maintenance and operation of the non-revenue-producing facilities together with excess of costs of operation and maintenance of revenue-producing facilities, if any, shall be charged against the development district in which it is located. The charges against each property within the district shall be in proportion to the benefit to the properties within the district 60 days before the budget submission date. The district administrator shall submit to the governing body of the municipality the maintenance and operating budget for the following year, and the prorated share of the budget to be charged to each property in the district. The budget for the district as approved by the municipality, and pursuant to RSA 32, shall contain necessary appropriations and provisions for collecting charges against affected properties in the district.|||Source. 1979, 175:2. 2012, 186:5, eff. June 11, 2012.|
NH Rev Stat § 162-K:13 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-K - Municipal Economic Development and Revitalization Districts|Section 162-K:13 - Administration.

    162-K:13 Administration. –||The municipality may create a department or designate an existing department or office or agency or municipal housing and redevelopment authority, or form a corporation under RSA 292, to administer development districts. The district administrator may, subject to such rules and limitations as may be adopted by the governing or legislative body, be granted the power to:||I. Acquire property or easements through negotiations;||II. Enter into operating contracts on behalf of the municipality for operation of any of the facilities authorized to be constructed under this chapter;||III. Lease space to private individuals or corporations within the buildings constructed under this chapter;||IV. Lease or sell land and lease or sell air rights over structures constructed under this chapter;||V. Enter into contracts for construction of several facilities or portions thereof authorized under this chapter;||VI. Contract with the housing and redevelopment authority of the municipality for the administration of any or all of the provisions of this chapter;||VII. Certify to the governing body of the municipality, for acquisition through eminent domain, property that cannot be acquired by negotiation, but is required for implementation of the development program;||VIII. Certify to the governing body of the municipality the amount of funds, if any, which must be raised through sale of bonds to finance the program for development districts;||IX. Apply for grants from the government of the United States or other source.|||Source. 1979, 175:2, eff. Aug. 5, 1979.|
NH Rev Stat § 162-K:14 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-K - Municipal Economic Development and Revitalization Districts|Section 162-K:14 - Advisory Board.

    162-K:14 Advisory Board. –||I. The legislative body of the municipality shall create an advisory board for each development district. The board shall consist of such number of members appointed or elected as determined by the legislative body. A majority of members shall be owners or occupants of real property within or adjacent to the development district. In a substantially residential development district, however, the board shall consist solely of owners or occupants of real property within or adjacent to the district.||II. The advisory board shall advise the governing body and district administrator on planning, construction and implementation of the development program and on maintenance and operation of the district after the program has been completed.||III. The governing body shall by resolution delineate the respective powers and duties of the advisory board and the planning staff or agency. The resolution shall establish reasonable time limits for consultation by the advisory board on the phases of the development program, and provide a mechanism for appealing to the governing body for a final decision when conflicts arise between the advisory board and the planning staff or agency, regarding the development program in its initial and subsequent stages.|||Source. 1979, 175:2, eff. Aug. 5, 1979.|
NH Rev Stat § 162-K:15 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-K - Municipal Economic Development and Revitalization Districts|Section 162-K:15 - Relocation.

    162-K:15 Relocation. –||Unless they desire otherwise, provision shall be made for relocation of all persons who would be displaced by a proposed development district prior to displacement in accordance with the provisions of RSA 162-K:6. Prior to undertaking any relocation of displaced persons, the municipality shall insure that housing and other facilities of at least comparable quality be made available to the persons to be displaced.|||Source. 1979, 175:2, eff. Aug. 5, 1979.|
NH Rev Stat § 162-K:16 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-K - Municipal Economic Development and Revitalization Districts|Section 162-K:16 - Joint Municipal Development and Revitalization Districts.

    162-K:16 Joint Municipal Development and Revitalization Districts. –||Municipalities may enter into an agreement under RSA 53-A to jointly establish a municipal development district that may include land within the several municipalities using the procedures in this chapter. Tax revenues and expenditures may be allocated as provided in the agreement.|||Source. 2019, 318:3, eff. Oct. 2, 2019.|
NH Rev Stat § 162-L:2 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-L - Community Development Finance Authority|Section 162-L:2 - Community Development Finance Authority.

    162-L:2 Community Development Finance Authority. –||I. There is hereby established the community development finance authority, a body corporate and politic. The authority is constituted a public instrumentality of the state. The exercise by the authority of the powers conferred by this chapter shall be deemed and held to be the performance of essential governmental functions. The authority shall be a nonprofit corporation organized under RSA 292.||II. The authority shall be governed by a board of 11 directors which shall include the commissioner of the department of business and economic affairs or designee, and 10 public members appointed by the governor and council as follows:||(a) Four representatives of community development corporations or other nonprofit organizations engaged in community development activities.||(b) One representative of organized labor.||(c) Two representatives of small business and the financial community.||(d) One representative of employment training programs.||(e) Two representatives of private financial institutions.||III. The 10 appointed members of the board of directors shall serve for 5-year terms. If a vacancy occurs on the board of directors, the governor and council shall appoint a person to serve the remainder of the term. A member of the board of directors may be reappointed.||IV. The members of the board of directors shall receive no compensation for their services but shall be reimbursed for actual and necessary expenses, including travel expenses, incurred in performing their duties.|||Source. 1991, 334:3, eff. June 28, 1991. 2017, 156:14, II, eff. July 1, 2017.|
NH Rev Stat § 162-L:3 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-L - Community Development Finance Authority|Section 162-L:3 - Board of Directors; Organization.

    162-L:3 Board of Directors;  Organization. –||I. Upon appointment of the members of the board of directors and annually thereafter, the members shall elect, from among the members, a chairman and a vice-chairman and shall designate a secretary-treasurer who need not be a member of the board.||II. The secretary-treasurer shall keep a record of the proceedings of the authority and the board of directors and shall be the custodian of all books, documents, and papers filed with the authority, the minute books of the authority, and its official seal.||III. A majority of the directors shall constitute a quorum, but no power of the authority shall be exercised without a majority vote of the full board of directors. The authority shall employ an executive director; legal, financial, and technical experts; and other persons as it may require. The authority shall determine the qualifications, duties, and compensation of its employees.|||Source. 1991, 334:3, eff. June 28, 1991.|
NH Rev Stat § 162-L:4-a (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-L - Community Development Finance Authority|Section 162-L:4-a - Exemption From Administrative Procedure Act and Rulemaking Authority.

    162-L:4-a Exemption From Administrative Procedure Act and Rulemaking Authority. –||The authority shall be exempt from the provisions of RSA 541-A and may adopt rules in accordance with its own procedures to facilitate, implement, and carry out the powers, duties, and purposes of the authority enumerated in this chapter and such other and additional powers and purposes as shall be conferred upon it.|||Source. 2019, 299:3, eff. July 29, 2019.|
NH Rev Stat § 162-L:4-b (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-L - Community Development Finance Authority|Section 162-L:4-b - Relation to Other Agencies.

    162-L:4-b Relation to Other Agencies. –||The financial and administrative operations of the authority shall be exempt from the rules of any department, commission, board, bureau, or agency of the state except to the extent and in the manner provided in this chapter.|||Source. 2019, 299:3, eff. July 29, 2019.|
NH Rev Stat § 162-L:4-c (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-L - Community Development Finance Authority|Section 162-L:4-c - Community Development Fund for New Hampshire.

    162-L:4-c Community Development Fund for New Hampshire. –||There is hereby established in the state treasury the community development fund for New Hampshire, which shall be kept distinct and separate from all other funds. All moneys in the fund shall be nonlapsing and continually appropriated to the community development finance authority. In addition to any state appropriations, the community development finance authority may accept gifts, grants, and donations from other sources, including contributions and loans from businesses, for deposit into the fund. The fund shall be used to provide flexible loan capital for community development initiatives and for one-time capital infrastructure revitalization and strategic investments.|||Source. 2019, 346:173, eff. July 1, 2019.|
NH Rev Stat § 162-L:5 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-L - Community Development Finance Authority|Section 162-L:5 - Technical Assistance; Grants.

    162-L:5 Technical Assistance;  Grants. –||I. The authority shall provide technical assistance to community development corporations, other nonprofit organizations involved in community development, and employee and other types of cooperatives and to persons forming such organizations. Technical assistance includes, but is not limited to, assistance with respect to organizational development, economic development planning, community education, financial planning or packaging, the development of grant or other applications, market research, business plan development or review, management training, and such accounting and legal services as may be necessary to enhance or render effective any of the foregoing. Such assistance may be provided by the authority directly by staff or other agents of the authority or through contract with a third party.||II. The authority may award grants to community development corporations, other nonprofit organizations involved in community development activities, and employee and other types of cooperatives to fund their operating costs or other costs of projects including, but not limited to, costs incurred for planning, feasibility or other studies, consultants, technical assistance, or educational or publicity programs. The authority shall award the grants to further the purposes of this chapter. The authority shall review applications for grants based upon need, effectiveness in encouraging the development of community development corporations, other nonprofit organizations involved in community development activities, and employee or other types of cooperatives, effectiveness in assisting in the attainment of capital for the development of the operating area of the organization or cooperative, and the extent to which the grant will encourage the exchange of information among community development organizations and cooperatives.|||Source. 1991, 334:3, eff. June 28, 1991.|
NH Rev Stat § 162-L:6 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-L - Community Development Finance Authority|Section 162-L:6 - Reporting Requirements.

    162-L:6 Reporting Requirements. –||On or before September 1 of each year, the authority shall submit an annual report of its activities for the preceding fiscal year to the governor, the president of the senate, the speaker of the house of representatives and the state treasurer. The report shall set forth a complete operating and financial statement of the authority during such year. The report shall include outstanding amounts of pledges made and cash contributions received against pledges. The authority shall cause an audit by an independent certified public accountant of its books and accounts to be made each fiscal year.|||Source. 1991, 334:3. 1993, 350:21. 1994, 336:2, eff. June 8, 1994.|
NH Rev Stat § 162-L:7 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-L - Community Development Finance Authority|Section 162-L:7 - Liberal Construction.

    162-L:7 Liberal Construction. –||The provisions of this chapter shall be interpreted and construed liberally in aid of its declared purpose.|||Source. 1991, 334:3, eff. June 28, 1991.|
NH Rev Stat § 162-L:8 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-L - Community Development Finance Authority|Section 162-L:8 - Repealed by by 1993, 350:41, V, eff. July 1, 1994.

    162-L:8 Repealed by by 1993, 350:41, V, eff. July 1, 1994. –|
NH Rev Stat § 162-L:9 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-L - Community Development Finance Authority|Section 162-L:9 - Repealed by 1998, 338:4, eff. July 1, 1999.

    162-L:9 Repealed by 1998, 338:4, eff. July 1, 1999. –|
NH Rev Stat § 162-L:10 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-L - Community Development Finance Authority|Section 162-L:10 - New Investment Tax Credit.

    162-L:10 New Investment Tax Credit. –||I. An investment tax credit equal to 75 percent of the contribution made to the authority during the contributor's tax year shall be allowed against any of the following individually or in combination:||(a) Taxes imposed by RSA 77-A.||(b) Taxes imposed by RSA 400-A.||(c) Taxes imposed by RSA 77-E.||II. Credits provided by this section applied against the liabilities imposed by RSA 400-A and RSA 77-E shall be deemed to be taxes paid for the purpose of RSA 77-A:5, III and X, respectively.||III. The credit or any unused portion thereof may be carried forward for no more than 5 succeeding years, but shall not exceed $1,000,000 in any given tax year.||IV. (a) The credit provided by this section shall be available to contributors on or after contributions for which credit is to be taken are actually received by the authority.||(b) Contributions received by the authority for which credit is to be taken shall not exceed $5,000,000 in any state fiscal year. Contributions received by the authority in excess of $5,000,000 in any state fiscal year shall not be eligible for credit in such fiscal year but may be carried forward to the next succeeding fiscal year or years and shall be given priority in determining the total contributions eligible for credit in such fiscal year.||V. Estimated tax payments under RSA 400-A:32 due and payable after the date of contribution to the authority may be reduced by the credit allowable under this section.|||Source. 1998, 338:3, eff. July 1, 1999.|
NH Rev Stat § 162-L:11 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-L - Community Development Finance Authority|Section 162-L:11 - Definitions.

    162-L:11 Definitions. –||In this subdivision:||I. "Authority" means the community development finance authority established by RSA 162-L:2.||II. "Chief executive officer" means the chief executive of the municipality, whether the official designation is mayor, city manager, chairman of the board of selectmen, or otherwise.||III. "Committee" means the community development advisory committee.||IV. "Entitlement municipality" means a municipality entitled to receive funds directly from the United States Department of Housing and Urban Development under Title I, section 106(b) of the federal act.||V. "Federal act" means Title I of the Housing and Community Development Act of 1974, as amended, 42 U.S.C. section 5301 et seq.||VI. "Governing body" means, in the case of a city, the city council or the board of aldermen or, in the case of a town, the board of selectmen or the town council.||VII. "Grantee" means a municipality that receives a grant under the provisions of this subdivision.||VIII. "Municipality" means a city or a town. It also means a "non-entitlement area" as defined in Title I, section 102(a)(7) of the federal act.|||Source. 2003, 319:13, eff. July 1, 2003.|
NH Rev Stat § 162-L:12 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-L - Community Development Finance Authority|Section 162-L:12 - Program Goals.

    162-L:12 Program Goals. –||In allocating funds under the community development block grant program, the authority shall give priority to activities that:||I. Benefit low and moderate income households.||II. Aid in the prevention or elimination of slum or blight.||III. Aid in the prevention or elimination of conditions which pose a serious or immediate threat to the health and welfare of the community where no other financial resources exist to meet such needs.|||Source. 2003, 319:13, eff. July 1, 2003.|
NH Rev Stat § 162-L:13 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-L - Community Development Finance Authority|Section 162-L:13 - Eligible Activities.

    162-L:13 Eligible Activities. –||A wide range of community development activities shall be eligible for funding. These may include, but are not limited to:||I. The acquisition, rehabilitation, or expansion of housing.||II. The creation, expansion, or retention of employment through the stimulation of private investment and community revitalization.||III. The installation, rehabilitation, or replacement of public facilities.||IV. Activities that test the feasibility of innovative approaches to community development.||V. Activities that provide timely responses to unpredictable circumstances or special development opportunities.|||Source. 2003, 319:13, eff. July 1, 2003.|