New Hampshire Assisted Living Facility Loans: Financing Solutions for the Granite State

New Hampshire offers a mature assisted living market with strong demand driven by an aging population and proximity to the Boston metropolitan area. The Granite State's quality of life, no state income tax, and affluent demographics create solid opportunities for ALF operators and investors.

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New Hampshire Assisted Living Market Overview

Market Size and Growth

Metric New Hampshire Data
Licensed Assisted Living Facilities 100+
Residential Care Facilities 80+
Total Licensed Beds 6,000+
Population 65+ 270,000 (19.5% of state)
Population 85+ 35,000
Projected 65+ Growth (2026-2035) +18%
Average Monthly Cost $5,000 - $7,000
Average Occupancy Rate 89%

Sources: New Hampshire Department of Health and Human Services, U.S. Census Bureau

Regional Markets

Southern NH (Nashua, Manchester)

Seacoast (Portsmouth, Dover)

Concord/Lakes Region

Upper Valley (Hanover, Lebanon)


New Hampshire ALF Licensing and Regulations

Licensing Authority: New Hampshire Department of Health and Human Services

Facility Types

Key Requirements

Detailed New Hampshire ALF Regulations →


Financing Options for New Hampshire ALFs

SBA 7(a) Loans

HUD 232 Loans

Construction Financing


Cost to Build an ALF in New Hampshire

Construction Cost Breakdown

Cost Category Southern NH Seacoast Concord
Land (per acre) $400K-1M $500K-1.2M $200K-500K
Hard Costs (per SF) $280-370 $290-380 $260-350
Soft Costs 16-20% 16-20% 15-19%
FF&E (per bed) $12-17K $12-17K $11-16K

Sample 60-Bed Project: $19-26 million

Detailed New Hampshire Construction Costs →


Why New Hampshire for ALF Investment?

  1. No State Income Tax: Business-friendly environment
  2. Aging Population: Strong demographic trends
  3. Boston Proximity: Access to major metro
  4. Quality of Life: Natural beauty and amenities
  5. Affluent Demographics: Higher revenue potential

Success Stories

"Jaken Finance Group helped us refinance our Nashua facility with HUD 232 financing. Their expertise in the New Hampshire market was invaluable."
— Elizabeth R., ALF Owner, Southern NH

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New Hampshire ALF Resources

Related Pages


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Disclaimer: This information is for educational purposes only. All financing provided by Jaken Finance Group, subject to approval.