The state of Mississippi has various grant programs that are available to residents who are purchasing or remodeling a home. There are various requirements for the grant programs. The grants are offered through the state and federal government. There are also grants available through non-profit organizations to qualified applicants.
Federal Emergency Management Agency Individual Assistance Program
Offering grants up to $26,000, the Federal Emergency Management Agency, or FEMA, Individual Assistance program helps residents of Mississippi with disaster-related housing expenses. The FEMA housing grant can cover repairing a damaged home, purchasing a replacement home or constructing a new home. In order to qualify for the grant, an applicant must live in an area that has been declared a disaster by the president. There are additional qualifications a person must meet to apply for the grant program. An application for assistance can be completed online or by contacting FEMA directly.
Federal Emergency Management Agency P.O. Box 10055 Hyattsville, MD 20782-7055 fema.gov 800-745-0243
Mississippi Homeowner Assistance Grant Program
The Mississippi Homeowner Assistance Grant Program is designed to help residents whose homes were damaged or destroyed by Hurricane Katrina in 2005. Families who lived in a single-family residence, manufactured home or an owner-occupied duplex at the time of the hurricane qualify for the program. The program is available in phases. Contact the Homeowner Call Center or visit the official website to apply.
Homeowner Assistance Program Service Center 3068 Longfellow Drive Building 6A Bay St. Louis, MS 39520 mshomehelp.gov 866-369-6302
Home of Your Own Project
The Home of Your Own Project provides up to $15,000 in grants to individuals with disabilities. To qualify, an applicant must have a secured home loan with a fixed interest rate and fall within certain income requirements. The grant can be used to purchase an existing home or to construct a new home. The grant can also be used towards retrofitting a home. A home must be certified as acceptable according to the guidelines set forth by the Department of Housing and Urban Development.
Mississippi Housing Corporation P.O. Box 23369 Jackson, MS 39225-3369 mshomecorp.com 601-718-4636
Housing Assistance for Teachers Program
The Housing Assistance for Teachers Program provides a grant to teachers who need assistance with covering the down payment or closing costs on a home. Teachers who qualify for the program are required to teach in a rural district that has a critical need for teachers. The grant covers up to $6,000 in some cases. The program is also sponsored by the Mississippi Housing Corporation.
Mississippi Housing Corporation P.O. Box 23369 Jackson, MS 39225-3369 mshomecorp.com 601-718-4668
Down Payment Assistance Program
Sponsored by the Mississippi Housing Corporation, the Down Payment Assistance Program offers up to 3 percent of the loan amount of a pre-approved or approved loan for a home. You must be a first-time home buyer to qualify for the program. You also have to meet certain income and credit requirements to qualify for the assistance program. The program requires participants to attend a homebuyer education class.
Mississippi Housing Corporation P.O. Box 23369 Jackson, MS 39225-3369 mshomecorp.com 601-718-4628