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Housing Crisis Deepens as New Hampshire Faces Affordability Challenges

July 17, 2024 | Hooksett, Merrimack County , New Hampshire


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Housing Crisis Deepens as New Hampshire Faces Affordability Challenges
In a recent government meeting, officials discussed the hiring of a new planning professional with extensive experience in Rhode Island, who is expected to bring valuable expertise to New Hampshire's planning efforts. The individual previously worked for Foster, Rhode Island, where he successfully completed a master planning process, similar to the work done by current staff member Liz in New Hampshire.

The meeting highlighted ongoing challenges in the region, particularly concerning affordable housing. The master plan adopted by the planning board includes a housing section that was informed by a housing needs assessment conducted by the Southern New Hampshire Planning Commission. The assessment revealed a significant deficit in affordable housing, a pressing issue for the community.

Additionally, the meeting featured insights from a recent ribbon-cutting ceremony for Marmon Aerospace, a new 82,000 square foot manufacturing facility that produces cabling for naval vessels. Despite the facility's advanced automation and potential for expansion, the company faces difficulties in attracting employees. The median home prices in the area, ranging from $500,000 to $600,000, were cited as a major barrier to recruitment, underscoring the broader housing crisis impacting local businesses and their workforce.

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