City of Jackson Homebuyer Assistance Program

Administered by: City of Jackson Office of Housing and Community Development · City · Forgivable Loan

Funding status: Active

How much assistance

Up to $15,000 or more (Forgivable Loan)

If you borrow $15,000 or less, 20% of the debt is forgiven each year and you owe nothing after 5 years. If you borrow more than $15,000, 10% is forgiven annually and the loan is cleared after 10 years.

Eligibility

  • Income limits: Household income at or below 80% of the Area Median Income (AMI)
  • Purchase price limit: $156,000
  • First-time buyer required: No
  • Geographic restrictions: Home must be located within the city limits of Jackson, MS.
  • Homebuyer education required: Yes

How to Apply for City of Jackson Homebuyer Assistance Program

Step 1: Contact the City of Jackson Office of Housing and Community Development at 601-960-2155 for application details. Complete an approved 8-hour homebuyer education course. The home must be your primary residence for the affordability period.

Visit program website

Notes

Funded through HOME Investment Partnerships Program. Administered in partnership with local nonprofits including Voice of Calvary Ministries.

Cities Where This Program Is Available