NH HB465

Establishes income verification requirements for the housing opportunity zone program under New Hampshire's Community Revitalization Tax Relief Incentive (RSA 79-E:4-c)

Requires cities and towns adopting housing opportunity zones to specify how frequently income verification will be conducted, with verification required at minimum at initial occupancy but no more frequently than annually

Exempts accessory dwelling unit owners from income verification requirements as long as units are priced to be affordable for households at 80% or less of area median income

Allows tenants who initially qualified by income but later exceed income limits to renew their lease for at least one year if otherwise in good standing

Takes effect July 1, 2025