Shaheen, Hassan Join Ribbon Cutting for Affordable Housing Development Made Possible by the American Rescue Plan

(Concord, NH) - Today,U.S. Senators Jeanne Shaheen (D-NH) and Maggie Hassan (D-NH) delivered remarks to community members and local advocates at the ribbon cutting ceremony for CATCH Neighborhood Housing's Davis Ridge development, which will offer 48 units of affordable housing in Concord. The project was funded in part by Invest NH, which is supported by funding Senators Shaheen and Hassan helped secure in the American Rescue Plan. Photos from today's event can be found here.

"Far too many Granite Staters are struggling with affordable housing and anything we can do to build more housing units to help lower costs for the workforce is worth doing, which is why developments like Davis Ridge are critical to addressing this challenge," said Senator Shaheen. "I'm proud to have helped secure the federal funds needed to support this project, and I'll continue fighting in Congress to ensure New Hampshire has the resources we need to tackle the housing crisis and bring costs down for Granite Staters."

"The housing crisis affects every corner of our state, as families struggle to afford their rent and businesses are unable to grow because workers can't find housing that they can afford," said Senator Hassan. "Developments like the Davis Ridge Apartments demonstrate the role that federal funding can play in addressing the housing shortage in New Hampshire. I will keep working to expand federal funding to build more housing here in NH, help more Granite State individuals and families afford their rent, and strengthen our economy."

The Davis Ridge development was built with the support of Invest NH, a $100 million program to accelerate affordable workforce housing construction funded through American Rescue Plan Act (ARPA) State and Local Fiscal Recovery Funds (SLFRF) secured by Shaheen and Hassan. The project is also supported by federal funding from the Low-Income Housing Tax Credit (LIHTC), which Shaheen and Hassan are working to expand.

Shaheen is a leader in the Senate on efforts to tackle the housing affordability crisis, including by helping to ensure Granite Staters have the resources they need to thrive. In May, Shaheen and Hassan celebrated more than $30 million in federal grants for New Hampshire to build more affordable housing across the Granite State.

As a senior member of the U.S. Senate Appropriations Committee and Chair of the Commerce, Justice, Science Appropriations Subcommittee, Shaheen worked to include key provisions from her Strategy and Investment in Rural Housing Preservation Act in the FY24 Agriculture and Related Agencies Appropriations Act which was signed into law in March. Shaheen's standalone legislation would ensure that hundreds of thousands of low-income tenants in rural areas are able to maintain access to safe and affordable housing. Another Shaheen-led bipartisan bill to increase access to rural housing was signed into law the same day. Together, the two bills will bolster existing rural housing options, make new construction easier and protect renters across the Granite State.

Shaheen also helped introduced the Fighting Homelessness Through Services and Housing Act to help local governments reduce homelessness as well as a bicameral bill that would protect the rights of residents of manufactured housing communities. Shaheen secured over $22 million in Congressionally Directed Spending in the FY24 government funding bills to address New Hampshire's housing, transportation and urban development needs.

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