New Hampshire HB1273 enables municipal support and incentives for residential flood resilience improvements.
New Hampshire HB1273 allows cities and towns to establish a flood resilience incentive zone (FRIZ) to support flood resilience improvements. Municipalities can collect a flood resilience fee, offer tax relief, and provide other relief to properties in the FRIZ. The bill defines qualifying improvements, such as elevation renovations and the construction of resilient natural features. The FRIZ investment fund can receive grants or below-market loans to support these improvements. The collection of any municipal flood resilience fee is made by the tax collector or other official.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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