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Get Matched Free →City of Jackson 100 Homes Program
Funding status: Active
How much assistance
$25,000 (Forgivable Loan)
Forgiven after 5 years of owner-occupancy. Must be repaid if sold or vacated before 5 years.
Eligibility
- Income limits: Up to 120% of Area Median Income
- Geographic restrictions: Must purchase a newly constructed home on City-owned lot within the City of Jackson
- Homebuyer education required: Yes
How to Apply for City of Jackson 100 Homes Program
Step 1: Contact the City of Jackson to obtain a homebuyer packet and learn about current lot availability. Applicants are encouraged to also apply for an additional $10,000 in MSHDA down payment assistance.
Notes
Program aims to construct 100 new houses on vacant City-owned residential lots. $25,000 provided as a 5-year deferred loan/grant forgiven after 5 years of residency.