Page 9 - 2018 NHHFA Annual report

In June 2018, Lakes Region Community Developers completed Gilford Village Knolls 3,
a 24-unit, age-restricted project funded in part with $3.6 million in LIHTC equity, HOME Investment
Partnerships funds, and other NHHFA financing. As the state’s first affordable multi-family complex
to meet the passive house performance standard, the 344-panel solar array is expected to generate
109,700 kilowatt hours of solar power annually, resulting in a cost savings of more than
$600,000 over life of the building.

Annette and her friends attended the ribbon cutting for Gilford Village Knolls 3, an age-restricted development, in FY 2018 NHHFA ANNUAL REPORT
June. Annette was delighted to move into her apartment in the new energy-efficient building later in the summer.

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