Jackson, MS - June 23, 2010 - (RealEstateRama) -- The Mississippi Home Corporation (MHC) has extended the reservation period for its Home Buyer Advantage (HBA) grant program. The previous deadline for homebuyers to reserve funds was July 15, but the reservation period has been extended to September 13, 2010. The extended reservation period will allow MHC to disburse an additional $4 million in funds that were injected into the HBA program. Available HBA funds currently stand at $5.5 million, enough to fund an additional 180 reservations based on the average grant amount
Grants up to $40,000 to Help Purchase Foreclosed Properties. Jackson, MS - September 18, 2009 - (RealEstateRama) -- The Mississippi Home Corporation (MHC) is now taking reservations under its new Home Buyer Advantage grant program. The program will provide grants of up to $40,000 to qualified home buyers who purchase foreclosed properties in any of the 48 eligible communities across Mississippi. Unlike most of MHC’s other programs, the Home Buyer Advantage program does not require applicants to be first-time home buyers. The program limits applicants to those who earn 120% of the Area Median Income or below.