Mississippi HB1075 amends the Housing Authorities Law to define "mixed-finance project" and authorize pooling of liabilities with private developers.
Mississippi HB1075 amends the Housing Authorities Law by defining "mixed-finance project" as a project financially assisted by private resources, including low-income housing tax credits, in addition to state or federal funds. The bill authorizes housing authorities to participate in mixed-finance projects, providing capital, operating, and financing assistance.
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