The Northern New England Housing Investment Fund (NNEHIF) is a private, non-profit 501(c)(3) corporation that promotes housing and community development by providing equity capital, technical assistance and consulting to affordable housing developers throughout Maine and New Hampshire.
Since 1996, the corporation has raised more than $287 million in equity capital, investing it in the development of 1,391 units of affordable housing in New Hampshire and 1,627 units in Maine, for a total of 3,018 units of affordable housing across the two states. NNEHIF currently manages twelve Equity Funds that invest in affordable housing developments receiving the federal Low Income Housing Tax Credit.
But our work is far from over; we’ve just completed a comprehensive Strategic Plan with a fresh Vision, Mission and Principles that will guide us into the future, helping us strengthen our position as a leader in affordable housing. Our Executive Summary offers a succinct overview of this new effort.