Viewing a single comment thread. View all comments

vexingsilence t1_j7ptu5z wrote

Reply to comment by TheMobyDicks in Dover builds tiny home neighborhood by sheila9165milo

If the construction method has merit, home fabricators will use it themselves. Why are the property owners in NH getting fleeced for $5M to pay for this?

3

TheMobyDicks t1_j7pveoe wrote

Fair question. I'll reply at the end, but here is the pertinent language in the bill:

I. The homeownership innovations fund shall be used by the authority to make grants and loans to eligible applicants for the purpose of fostering innovations in the development and financing of entry-level homes for owner occupancy.

II. The authority shall consider a wide range of alternatives and solutions to affordable entry-level homeownership, including such approaches as 3D printing of homes, low cost and highly sustainable sources of energy and energy efficiency, and other concepts that will provide New Hampshire homeowners with the most advanced and most affordable alternatives available.

The impetus is to incentivize applicants that create or seek to create innovations that result in affordable housing. It's a pittance, but a start. The money would go to NHHFA, who has an exemplary reputation for using resources responsibly.

1

vexingsilence t1_j7pwb66 wrote

This is a form of corporate welfare, isn't it? If a new construction process is going to save money, builders will jump on it. Why do they need to be incentivized by people that already own homes? If anything, maybe it should be a temporary break on property tax payments to the state for the housing that's being constructed using those methods.

3

TheMobyDicks t1_j7pyx1v wrote

Innovation costs money, just like in any industry or process. These dollars represent NH's effort to create some new process to attack what I think is the state's most pressing need, creating affordable housing.

On this issue and legislation, I think we're just going to have to agree to disagree.

1

vexingsilence t1_j7pzy36 wrote

On behalf of other property owners in the state.. please disagree with your own money. Thanks.

This scheme provides zero benefit to the people that will have to pay for it.

2