Notice of Funds Availability
Disaster Recovery Program
April 15, 2021
Mississippi Home Corporation will make available $400,000 to provide housing assistance to counties covered by an Emergency or Major Disaster Declaration issued by the Federal Emergency Management Agency (FEMA). The disaster declaration must have been issued on or after January 1, 2020. The Program uses 2020 Home Investment Partnerships (HOME) funds awarded to the State by the U.S. Department of Housing and Urban Development. MHC will encourage applicants to leverage other funds to maximize the resources available to affected homeowners.
Counties identified in a FEMA declaration are eligible to apply. Eligible activities are repair and rehabilitation of single-family owner-occupied housing. An owner-occupied factory-built house can be replaced if it cannot be repaired. Property must be located in the county applying for assistance. The annual income of a homeowner cannot exceed 80% of area median income for the county adjusted for household size.
APPLICATION TIMELINE
| Application Period Opens | Federal Program | Period to Submit Application | Funding Announcement |
| April 15, 2021 | HOME | May 24, 2021-May 28, 2021 | July 8, 202 |
Applications must be received in the office at 735 Riverside Drive no later than 5:00 p.m. on the application submission deadline. Late applications will not be reviewed. Awards will be announced on MHC’s website and via commitment letters issued to recipients. The manual, application, and forms for this program may be downloaded from mshomecorp.com/federal-programs/disaster-recovery-program or by contacting Lillie Naylor at 601-718-4658 or Jackie Cobbins at 601-718-4638.