NH HB595

Expands C-PACE and R-PACE financing programs to include flood resiliency improvements such as raising structures above base flood elevation, constructing flood diversion apparatus, drainage gates, seawall improvements, and purchasing flood damage-resistant building materials

Authorizes municipalities to offer property tax exemptions or annual tax credits of $100-$1,000 for up to 5 years to property owners who complete qualifying flood resilience projects

Enables municipalities to assess a flood resilience fee of up to $0.50 per $1,000 assessed valuation on properties within designated flood resilience districts, with revenues deposited into a non-lapsing flood resilience investment fund

Appropriates $500,000 in FY 2026 to the Department of Business and Economic Affairs for a statewide analysis of flood risk costs, benefits of mitigation efforts, and economic impacts including property values, tax revenues, and job creation

Requires mortgage holder consent for PACE financing liens to maintain priority over existing mortgages in foreclosure proceedings