relative to providing loan guarantees for accessory dwelling unit financing.

HB 1662 requires New Hampshire's Housing Finance Authority (HFA) to offer loan guarantees for accessory dwelling unit (ADU) development. The bill directs the HFA to provide guarantees covering 80-100% of a loan amount based on the completed ADU's appraised value, with an annual cap of $100 million in total guarantees. It directly affects ADU developers and homeowners seeking financing, as well as approved lenders participating in the program. The bill appropriates $25,000 for administrative costs in fiscal years 2027 and 2028, funded from the General Fund.