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MHC Housing Assistance for Teachers (HAT)

Administered by:
Mississippi Home Corporation
· State · Forgivable Loan
Funding status: Active

How much assistance

Up to $6,000
Forgivable if the teacher meets the 3-year service requirement and residency conditions. Converts to a repayable loan if the service requirement is not met.

Eligibility

  • Income limits: Must meet credit eligibility requirements of FHA, VA, RD Guaranteed, Fannie Mae, or Freddie Mac.
  • First-time buyer required: No
  • Geographic restrictions: Property must be in the county where the teacher is employed, and the county must be designated as a critical shortage district by the Mississippi Department of Education.
  • Homebuyer education required: No

How to Apply for MHC Housing Assistance for Teachers (HAT)

Contact the Mississippi Home Corporation at (601) 718-4642 for application materials. Must be a full-time licensed teacher assigned to at least 3 instructional periods per day in a critical shortage district. Agree to teach in the district for 3 years starting at the beginning of the school year.

Learn More About Homebuying in Mississippi

Cities Where This Program Is Available (8 cities across 1 state)

Available Statewide In