Establishes the Home Upgrade Revolving Fund to assist homeowners with necessary home repairs and upgrades.
The bill creates the Home Upgrade Revolving Fund administered by the Mississippi Home Corporation. This fund will provide grants to homeowners for necessary repairs and upgrades to increase the listing price of their homes. The grants will be used for items such as replacing windows, doors, foundation repairs, electrical and plumbing repairs, roof replacement or repairs, and HVAC replacement or repairs. The fund will be financed by appropriations and other aid from federal, state, or local governments, private or public entities, or individuals.
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