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Hooksett
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developmentCritical priorityopen

Elm Grove CDBG workforce housing project

Hooksett

Summary

Elm Grove wanted the town to apply for a $750,000 federal grant to renovate its 70-unit apartment building and convert all units to income-restricted workforce housing, adding six studio units. Residents packed the hearing worried about displacing current tenants — including families with kids in Hooksett schools — and about the town borrowing its name and credit for a private project. The council voted no, 4-0 with one abstention.

At a glance

Total mentions
2
Last 30 days
0

Last discussed Jul 8, 2026.

Impact analysis

💰Financial impact

No town money would have been required, but critics warned of long-term federal compliance obligations; the project would have added roughly $2.8M in reinvestment and raised the property's taxable value.

✅Who benefits

If approved, Elm Grove and future income-qualified tenants would have benefited; opponents said current market-rate tenants and Hooksett taxpayers would bear the risks.

⚠️Who could be affected

Up to 10% of current tenants could have been displaced to Manchester or elsewhere if their incomes exceeded program limits.

Mentions & discussions (2)

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