Housing Authority reviews 2025 investment performance, defers December minutes vote.
Housing Authority reviews 2025 investments at $2.1 million with market-aligned returns. RBC manager Sean Lynch presented year-end results and projected low to mid-range gains for 2026, with high single to double-digit percentage returns anticipated, citing managed accounts as protective during
Housing & Redevelopment Authority · Meeting of February 3, 2026
NH LONDONDERRY — Housing Authority reviews 2025 investments at $2.1 million with market-aligned returns. RBC manager Sean Lynch presented year-end results and projected low to mid-range gains for 2026, with high single to double-digit percentage returns anticipated, citing managed accounts as protective during downturns while capturing upside gains. Accountant Bob MacDonald flagged high turnover in the Memorial Drive Trust account; Lynch defended the positioning as risk mitigation.
The board agreed to engage Vachon for two additional years of audit services and deferred December minutes approval to March pending full quorum.
In the full story:
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Source: the Housing & Redevelopment Authority meeting of February 3, 2026, compiled from the official minutes.
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