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City of Jackson Homebuyer Assistance Program

City of Jackson Office of Housing and Community Development (OHCD) · Jackson, Mississippi

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Income limit

80% AMI

Of area median income; varies by county and household size

Price cap

$156,000

Highest purchase price the program allows

Repayment

Deferred

No payments until the home is sold or refinanced

What is City of Jackson Homebuyer Assistance Program?

City of Jackson Homebuyer Assistance Program is a deferred second loan for homebuyers in Jackson, Mississippi, administered by City of Jackson Office of Housing and Community Development (OHCD).

  • The City of Jackson awards HOME Investment Partnerships funds to nonprofit partners to provide down payment assistance to low- and moderate-income households purchasing homes within Jackson city limits. Assistance amount is tailored to the family's need to ensure affordability.
  • Down payment assistance amount set based on the needs of the family to ensure affordability.
  • This is a federal program, so it is available beyond a single state or city.
  • Funding comes from HUD HOME Investment Partnerships Program.

Do you have to pay it back?

City of Jackson Homebuyer Assistance Program is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off.

  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

City of Jackson Homebuyer Assistance Program is open to buyers who will live in the home as their primary residence.

The program requires

  • The home is occupied as a primary residence
  • A completed homebuyer education course, through Approved 8-hour homeownership education course.
  • Residency: Property must be located within the city limits of Jackson.
  • Home must be within Jackson city limits and used as the applicant's primary residence for the affordability period. Applicant must complete an approved 8-hour homeownership education course. Administered through nonprofit subrecipients (e.g., Voice of Calvary Ministries). Specific assistance dollar amount, lien terms, and forgiveness/repayment terms not published.

The program excludes

  • Purchases above the $156,000 price cap
  • Households above 80% of area median income

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

City of Jackson Homebuyer Assistance Program limits household income to 80% of the area median income, which varies by county and household size.

  • Annual household income at or below 80% of area median income (AMI).
  • The limit applies to total household income, not only the borrower’s.
  • Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

City of Jackson Homebuyer Assistance Program caps the purchase price at $156,000.

Where does it apply?

City of Jackson Homebuyer Assistance Program is a federal program, so it is not limited to Mississippi.

How do you apply?

Applications for City of Jackson Homebuyer Assistance Program go through City of Jackson Office of Housing and Community Development (OHCD), which publishes the current terms and the application steps on its own site.

  1. Take a homebuyer education course

    Required by the program, through Approved 8-hour homeownership education course..

  2. Contact City of Jackson Office of Housing and Community Development (OHCD) to reserve funds

    Funds are reserved with the provider and are subject to availability.

  3. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.

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