NH HB1103

Expands the types of buildings eligible for community revitalization tax relief by allowing conversions from commercial or industrial use (not just office use) to residential use within designated conversion zones

Permits tax relief for new construction of housing units that meet workforce housing requirements in housing opportunity zones, in addition to substantial rehabilitation of existing structures

Modifies tax relief periods in housing opportunity zones: up to 7 years if no workforce housing is created, or up to 11 years if workforce housing is created (replacing the previous flat 10-year limit)

Removes the previous requirement that at least one-third of housing units in opportunity zones be designated for households at 80% or below area median income, allowing municipalities to establish their own affordability criteria

Takes effect April 1, 2027