This bill establishes the State Council on Housing Stability, which will now be administratively attached to the Department of Health and Human Services. The council's membership has been revised to include two landlords appointed by the governor, and it is tasked with compiling information on HUD programs and assisting state and local agencies in preparing federally required plans and performance reports. Additionally, the council will be jointly facilitated by the Department of Health and Human Services, the Department of Business and Economic Affairs, the New Hampshire Housing Finance Authority, and the New Hampshire Community Development Finance Authority. The council is also permitted to create workgroups to advise on its duties and compliance with federal housing laws.

Furthermore, the bill repeals the requirement for the Housing Finance Authority to submit a biennial housing plan, streamlining the process and potentially reducing administrative burdens. The effective date of the act is set for 60 days after its passage, which is anticipated to be August 23, 2025.

Statutes affected:
Introduced: 4-H:1
As Amended by the Senate: 4-H:1, 4-H:3, 204-C:47
Version adopted by both bodies: 4-H:1, 4-H:3, 204-C:47
CHAPTERED FINAL VERSION: 4-H:1, 4-H:3, 204-C:47