3
Grants awards may be contingent on additional due diligence, which includes:
• Appraisal
1
• Environmental review, or evidence thereof such as a Phase I Environmental Site
Assessment
• A competitive bidding process for contractors and subcontractors is encouraged, but not
required. NHHFA reserves the right to review construction pricing and to require
competitive bidding or a third-party estimator’s opinion on a case-by-case basis.
Appeal Process: Applicants may appeal NHHFA’s decision, solely with regard to their
application. NHHFA will send letters to the Applicant via email informing them that an award
is not being made. Applicants who want to appeal this decision must submit a written request
within five business days to multifaminfo@nhhfa.org. The appeal request is first considered by
NHHFA’s Executive Director. If the Executive Director upholds the original decision, the
applicant will have five business days from the written email notice of this decision to submit a
formal notice of appeal to NHHFA’s Board of Directors, via email to multifaminfo@nhhfa.org.
Representations: Representations made about ownership or management, or factors that are used
in the evaluation of applications may not be changed without the express written permission of
NHHFA. Funding reservations may be rescinded if the project changes in a way that reduces the
immediate need for funds.
Warrant and Liability: NHHFA intends to allocate no more funding to any given applicant than
is required to meet the expressed need to the extent that is economically feasible. This decision is
made solely at the discretion of NHHFA but does not represent or warrant to any applicant,
developer, partner, investor, lender, or others that the project is feasible or risk free. No Board
member, officer or employee of NHHFA shall be personally liable concerning any matters
arising out of or in relation to the allocation of funding or compliance monitoring. NHHFA’s
obligation to monitor for compliance does not make NHHFA liable for an owner’s
noncompliance.
Questions about the program can also be directed to Natasha Dube at 603-310-9281 or Ted Seely
at 603-310-9292.
1
An appraisal will be required for activities involving the acquisition of real property. A restricted appraisal report is
acceptable. Generally, the Authority will commission an appraisal. If an appraisal has been prepared, the Authority
will review and may accept it.