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Senate committee advances bill allowing Mississippi Home Corporation to seek federal funds for neighborhood housing rehab
Summary
The Mississippi Senate Committee on Housing and Finance advanced Senate Bill 22-52 on a voice vote to authorize the Mississippi Home Corporation to pursue federal funds to create a neighborhood housing rehabilitation program for owner-occupied properties.
The Mississippi Senate Committee on Housing and Finance advanced Senate Bill 22-52 on a voice vote to give the Mississippi Home Corporation authority to seek federal funds and establish a neighborhood housing rehabilitation program to preserve and improve owner-occupied properties.
The bill, as explained to the committee by the chair, would direct Mississippi Home Corporation (referred to in the hearing as "Home Corp") to pursue federal funds — including American Rescue Plan Act (ARPA) dollars, Community Development Block Grant (CDBG) funding administered by the U.S. Department of Housing and Urban Development (HUD), or other federal sources — to create a neighborhood housing rehab program. The program would target…
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