Economic Development

Newport is open for business! Located in the heart of the Lake Sunapee region, Newport is a regional hub for a variety of industries including manufacturing, financial services, county government, and building construction. Our many hiking trails, access to the Sugar River, short commute to Lake Sunapee and Mt. Sunapee, and convenience to both the Upper Valley and Capital Region make us a great community to live, work, and play in. Newport offers competitive tax incentives, a skilled workforce, low cost of living, robust arts and cultural attractions, and access to world-class education and healthcare. Whether you are a current Newport business owner, looking to move or expand your business into our community, or are interested in making Newport home, the Office of Economic Development is here help.

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The Sunshine Town - Newport, N.H. (pop. 6,500) is a small and friendly town (incorp. in 1761) with unparalleled quality of life nestled in the hills of scenic Upper Connecticut River valley and southwestern New Hampshire, conveniently located between Interstates 89 and 91.The community is governed by Town Meeting, an elected 5 member Selectboard and an appointed Town Manager. Newport also serves as the County Seat of Sullivan County.

Our community is pleased to offer an unparalleled 4 season, quality of life with something for everyone. Come and enjoy our historic homes; farmers markets, craft fairs, the natural beauty of the great outdoors. Visit one of our many hiking or biking trails, area ski resorts, the water sports offered by area ponds and lakes, our Winter Carnival (the oldest in the Country), Historic Society Museum or just a quiet walk along our “rail trails” to visit one of our 3 covered bridges - Newport has it all.

For statistical information about Newport: NH Community Profies - ELMI

Ready to start or grow your business? This historic building in Newport's downtown is the perfect location! Be part of our thriving business district—schedule a tour today and this could be the home for your next venture!!

From left to right: Allison Browning, Town of Newport Economic Development Coordinator; Lee Ann Moynihan, NH BEA Housing Finance Specialist; Kyle Harris, Town of Newport Town Manager; Andrew Dorsett, NH BEA Housing Finance Director

Big news for Newport! We’ve been awarded the Housing Champions Designation by the NH Department of Business and Economic Affairs (BEA)! This recognition highlights our commitment to tackling housing challenges and promoting economic growth.

Why It Matters: More affordable housing means a stronger, more diverse workforce, helping our local businesses thrive and keeping Newport competitive.

What It Means for Us: We’re now eligible for grants to improve infrastructure and increase housing production, supporting our growing workforce.

Recent Wins:

• Spring Street Development: 42 affordable units filled quickly, with a waitlist.
• Ruger Mill Development: 70 units coming in Fall 2025, already in high demand!

Infrastructure Upgrades:

• Wastewater Treatment Facility: A $33M WWTP upgrade will support housing growth and improve public health by 2026.
• North Newport Water Supply Well: Expected to be completed by December 2026, this new well increases water capacity and protects our distribution system, safeguarding future development.

What’s Next: With 177 new housing units built in the last three years, Newport is making real progress in solving housing shortages and setting the stage for long-term success. We’re focused on expanding workforce housing and keeping Newport a great place to live, work, and raise a family!