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TheMobyDicks t1_j9ugwq9 wrote

Reply to comment by TheGrateKhan in Thoughts on Chris Sununu? by Thunderzboltz

>the "affordable" part of the housing is only in place for 5 years

Yep. I hated that. And certainly it was owing to pressure put on lawmakers by rich developers. The Innis bill, which will pass, will fund InvestNH for next year and then we'll see if the powers that be will continue afterwards. The concept is sound, it just needs to go more than 5 years. Obviously, if we're serious about attainable housing, developers need to be incentivized to meet a reasonable ROI. Housing Opportunity Zones can help with this. To wit:

https://casetext.com/statute/new-hampshire-revised-statutes/title-5-taxation/chapter-79-e-community-revitalization-tax-relief-incentive/section-79-e4-c-housing-opportunity-zone

If a community did this, they can freeze the local taxes at whatever rate the property is currently taxed at for up to 10 years if the project is 1/3 affordable. A very lucrative benefit. A 'community of the willing" could also pass things such as density bonuses, 1 parking space per unit versus bedroom, increase housing, decrease setbacks, etc. There are ways to get there, it just takes, well, a village.

Regarding weed, please clarify this as I didn't quite get what you were saying:

"The states that have legal cannabis are already taking funds away from NH liquor stores."

Also, who did you mean when you said, "Vermin Supreme"?

Thanks!

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TheGrateKhan t1_j9uidcc wrote

Our neighboring states, mass, maine, vermont. They have legal cannabis. Nh citizens that want to use just drive over the border, buy, and then consume. So long as they dont cross any state lines, the nh citizen has broken no laws. So the money that wouldve gone to NH liquor is instead going to legal cannabis in other states. If nh legalized, at least a portion of the alcohol revenue lost would return to the state as cannabis or business tax revenue. The people who have switched from NH alcohol to out of state cannabis are generally not coming back to the bottle, at least not as much as before our neighbors legalized. If we legalized and had lower taxes than our neighbors, our neighbors' citizens would then be doing to NH, what NH citizens are currently doing to states like MA, ME, and VT.

Vermin Supreme is a candidate from NH who ran or still runs for president. He wears a long boot atop his head and promises free ponies for everyone if elected.

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