Low Income Housing/Tax Credit
LIHTC rents are not based on a tenant’s income. Instead, rent is set by the use restriction tied to the unit. This means that a tenant’s rent will not change even if the family’s income significantly increases or decreases. LIHTC rents are calculated to include a utility allowance for tenant-paid utilities.
LIHTC rents are set at 30% of the income of the AMI tied to the unit. This is calculated with an assumed family size of 1.5 persons per bedroom. Many state allocating agencies publish rents for different income categories online.
Parmenter (new move-ins:)
Unit type: 50
2BR Max: $1,204.00
3BR Max: $1,389.00
Unit type: 60
2BR Max: $1,463.00
3BR Max: $1,689.00
Unit type: Low
2BR Max: $1,204.00
3BR Max: $1,389.00
Unit type: High
2BR Max: $1,336.00
3BR Max: $1,770.00
Unit type: HCV/PBV
2BR Max: $1,845.00
3BR Max: $2,451.00
2025 FMR's
Studio: $1,120
1BR: $1,230
2BR: $1,614
3BR: $2,132
4BR: $2,140
Parmenter Place
Eleven, one-bedroom units located in the Crutchfield Building at 15 Pitman Street were constructed in 2012 with special funding through NH Housing Finance Authority. These units are designated for people with disabilities.
Pitman Place
Eleven, one-bedroom units located in the Crutchfield Building at 15 Pitman Street were constructed in 2012 with special funding through NH Housing Finance Authority. These units are designated for people with disabilities.
Thompson Square
Six, one-bedroom units located inside the John F. Kennedy Building at 1 Thompson Street were constructed in 2014 with special funding through NH Housing Finance Authority. These units are designated for people with disabilities.
