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  • Taxes, Land Use & Land Value Analysis of Four Seacoast Communities Focus of Virtual Presentation by Joe Minicozzi of Urban3 on Oct. 21

    PORTSMOUTH – What types of development create the greatest tax revenue for New Hampshire communities – suburban sprawl and big box stores, or dense, downtown development? In New Hampshire, property taxes are the key revenue source for local governments. Tax rates, land use and land value from one end of town to the other often vary in surprising ways. 

    On Wednesday, Oct. 21 at 7 p.m., Joe Minicozzi of Urban 3 will analyze property tax revenues in the Seacoast communities of Portsmouth, Dover, Rochester and Exeter in an engaging free webinar for residents and public officials. Register for the Seacoast event here. 

    The presentation is hosted by the Workforce Housing Coalition of the Greater Seacoast, Portsmouth Smart Growth and Plan NH; it is presented by New Hampshire Housing, which contracted with Urban3 to analyze what types of development offer the greatest tax return in 15 communities around the state.

    By using data to create 3D visualizations, Urban 3's analysis reveals the potential for improving the fiscal health of these communities. The visuals present a clear and data-driven understanding of the economics of place. With these 3D depictions of its data, a community has a tool to make public policy adjustments, with the goal of creating long-term financial resiliency.

    This is one of a series of live New Hampshire-focused webinars Minicozzi is presenting (most of which will be video recorded and available online). On Oct. 15, he will launch his first presentation with a statewide focus on Berlin, Claremont, Concord, Dover, Exeter, Hanover, Hudson, Keene, Laconia, Lebanon, Nashua, Pelham, Peterborough, Portsmouth and Rochester. (In 2018, the Orbit Group hired Urban3 to conduct an analysis of Manchester.)

    Other free, virtual presentations by Joe Minicozzi and presented by New Hampshire Housing: www.nhhfa.org/event/minicozzi-event-taxes-land-use-value-in-nh. Joseph Minicozzi, AICP is the principal of Urban3, which looks at how land is used and affects tax productivity. He is an urban planner who utilizes new ways to think about and visualize land use, urban design, and economics.

    About New Hampshire Housing: As a self-supporting public corporation, New Hampshire Housing Finance Authority promotes, finances and supports affordable housing. NHHFA operates rental and homeownership programs designed to assist low- and moderate-income persons with obtaining affordable housing. We have helped more than 48,000 families purchase their own homes and have been instrumental in financing the creation of more than 15,000 multi-family housing units. NHHFA.org | #NHHFAHousing | Facebook @NewHampshireHousing | Twitter @NHHFA