NH BFA Tax-Exempt Bond Financing

The New Hampshire Business Finance Authority's Tax-Exempt Bond Financing program helps manufacturing facilities, nonprofits, water and sewage systems, airports, mass transit, and selected energy projects in New Hampshire. It is a bond issuance channel under the state finance authority, not a grant program, and the minimum bond proceeds are about $2 million. Eligible uses include acquiring, renovating, or constructing buildings and land, plus new equipment purchases. When an existing facility is acquired, 15% of proceeds must go to renovations, and the program does not refinance existing debt. Issuance fees are tiered by term and project size, with lower fees for larger or longer-dated deals, and each issuance needs approval from the Governor and Executive Council. The program is best suited to borrowers that need tax-exempt debt for physical assets rather than operating support. Its structure favors capital-intensive projects with clear public or economic-development value, because the authority is working as a conduit issuer and state approval sits above the transaction. In practice, it is a New Hampshire project-finance tool for facilities and infrastructure, not a subsidy route.

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.