Mortgage Revenue Bond Notice  February 20, 2024  This notice serves to inform you that changes will be made to the Mortgage Revenue Bond (MRB) Program and the products that provide the Second Mortgage funds in accordance with the origination agreement section 6 (b) which states that:   Lender shall provide at the Loan closing, the Corporation’s […]

Mississippi Home Corporation Launches DPA14 Program  Mississippi Home Corporation (MHC) is now accepting reservations for the DPA14 program which is a partnership program with the Board of Supervisors in Coahoma, Tunica, and Washington counties.   These counties received funds under the American Rescue Plan Act (ARPA) and have authorized a portion of the funds to create

  Date: January 11, 2024 To: Participating Lenders and Servicers From: Single-Family Programs Re: MHC Reservation System Notice   This serves to notify Participating Lenders and Servicers effective January 12, 2024, that MHC will be accepting reservations through the lender portal on all programs 365 days of the year. This will allow lenders to reserve

NOTICE OF MORTGAGE CREDIT CERTIFICATE PROGRAM   The Mississippi Home Corporation (the “Corporation”) announces its Mortgage Credit Certificate Program (the “Program”). Section 25 of the Internal Revenue Code of 1986, as amended (the “Code”) authorizes issuers such as the Corporation to issue Mortgage Credit Certificates (the “Certificates”) in lieu of qualified mortgage bonds.  Certificates entitle

    VIEW ALLOCATION PLAN HUD NOTICE CPD 21-10   The American Rescue Plan Act of 2021 (“ARP”) appropriated $5 billion to communities across the U.S. to provide housing, services, and shelter to individuals experiencing homelessness and other vulnerable populations. These funds were allocated by formula to jurisdictions that qualified for funding through the HOME