As rules for new programs roll out, town officials are helping local developers navigate state programs to encourage development

LITTLETON — As rules for new programs roll out, town officials are helping local developers navigate state programs to encourage development and affordable housing and to identify which programs fit their particular project. The New Hampshire RSA 79-E Community Revitalization Tax Incentive, which under state law can be adopted by municipalities to incentivize developers to make significant investments in a community by re-purposing old buildings, is increasingly being asked about in Littleton, Town Manager Jim Gleason said Friday. In June, the Littleton Select Board granted a 79-E incentive to Al Croteau, who is redeveloping the former Hitchiner Manufacturing facility on Beacon Street into the Rail Trail Village, consisting of 120 to 130 upscale residential apartment units.

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Caledonian Record