NOTICE OF MORTGAGE CREDIT CERTIFICATE PROGRAM The Mississippi Home Corporation (the “Corporation”) announces its Mortgage Credit Certificate Program (the “Program”). Section 25 of the Internal Revenue Code of 1986, as amended (the “Code”) authorizes issuers such as the Corporation to issue Mortgage Credit Certificates (the “Certificates”) in lieu of qualified mortgage bonds. Certificates entitle …
VIEW ALLOCATION PLAN HUD NOTICE CPD 21-10 The American Rescue Plan Act of 2021 (“ARP”) appropriated $5 billion to communities across the U.S. to provide housing, services, and shelter to individuals experiencing homelessness and other vulnerable populations. These funds were allocated by formula to jurisdictions that qualified for funding through the HOME …
NOTICE OF PUBLIC HEARING ON PROPOSED ISSUANCE OF BONDS The Mississippi Home Corporation (the “Corporation”) proposes to issue not to exceed $125,000,000 aggregate principal amount of Mississippi Home Corporation Single Family Mortgage Revenue Bonds, Series 2024A (Non-AMT) (the “Bonds”) in order to provide funds for the purpose of financing the acquisition of mortgage-backed securities …
Notice of Public Hearing – Proposed Issuance of Bonds Read More »
Dear trusted colleagues, This letter serves as notification that the Mississippi Home Saver Program, created through the Homeowner Assistance Fund (HAF), will cease taking new applications on November 15th, 2023, and will be closed due to limited funding availability. The Homeowner Assistance Fund was established under the American Rescue Plan Act of 2021 to ease …
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The 2022 CAPER Draft is available for public comment until Thursday, September 28 at 5:00 p.m. All comments can be emailed to david.hancock@mshc.com or mailed to: Mississippi Home Corporation Attn: David Hancock 735 Riverside Drive Jackson, MS 39202 CLICK HERE to view Report. CLICK HERE to view CAPER webpage.
PROGRAM BULLETIN #23-2308 TO: Developers, Owners and Management Agents representing Housing Tax Credit Developments located in the City of Jackson FROM: Karen C. Georgetown, Senior Vice President of Program Compliance DATE: August 23, 2023 SUBJECT: City of Jackson Rental Registration Fee Exemption In accordance with Chapter 26, Article XII Code of Ordinances …
City of Jackson Rental Registration Fee Exemption: Compliance Program Bulletin #23-2308 Read More »
HOUSING TAX CREDIT PROGRAM PROGRAM BULLETIN #23-002 TO: Developers, Owners, Management Agents Representing Owners, Interested Parties and State of Mississippi FROM: Cliff Holmes, Senior Vice President of Tax Credits, Mississippi Home Corporation SUBJECT: Soft Cost/Hard Cost Ratio Tiebreaker DATE: August 17, 2023 Most awards for the 2023 Tax Credit Cycle were determined by the …
HTC Program Bulletin #23-002: Soft Cost/Hard Cost Ratio Tiebreaker Read More »
Mississippi Home Corporation Announces New Household Income Limit for Smart6 Mississippi Home Corporation (MHC) has announced that effective Monday, August 14, 2023, the household income limit for the Smart6 program is $122,000. The Smart6 Mortgage Program can give you the funds you need to purchase your first home or move up to your next …
FY2023 NOTICE OF FUNDING AVAILABILITY (NOFA) HOME Investment Partnership Program HOME-RENTAL AND CHDO PROGRAMS August 9, 2023 Mississippi Home Corporation announces the availability of funds for the following programs under the HOME Investment Partnership (HOME) Program: HOME-Rental Program: $4,848,219 HOME-CHDO Program: $9,286,740 HOME funds distributed by this notice are intended to leverage other affordable housing …
2023 Notice of Funding Availability: HOME-Rental and CHDO Read More »