Northeast Mississippi Habitat for Humanity Homeownership Program

What is Northeast Mississippi Habitat for Humanity Homeownership Program?

Northeast Mississippi Habitat for Humanity Homeownership Program is down payment assistance for homebuyers in Tupelo, Mississippi, administered by Northeast Mississippi Habitat for Humanity.

• Habitat affiliate provides newly constructed homes sold via an affordable 0%-interest mortgage (20, 25, or 30-year term) to families between 55%–80% AMI. Homebuyers must complete 250 sweat equity hours working alongside volunteers. Applications open cyclically; as of January 2026 applications are closed and expected to reopen early 2027.
• 0%-interest mortgage; no down payment in the conventional sense; homebuyer builds equity through sweat equity; financial literacy education included.
• Funding comes from Habitat for Humanity affiliate fundraising, donations, ReStore proceeds.

Do you have to pay it back?

Northeast Mississippi Habitat for Humanity Homeownership Program is down payment assistance and is repaid under the terms set by Northeast Mississippi Habitat for Humanity.

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

Who qualifies?

Northeast Mississippi Habitat for Humanity Homeownership Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What are the income limits?

Northeast Mississippi Habitat for Humanity Homeownership Program limits household income to 80% of the area median income, which varies by county and household size.

• 55%–80% of Area Median Income; monthly gross income approximately $2,700–$6,500 depending on household size.
• 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?

Northeast Mississippi Habitat for Humanity Homeownership Program caps the purchase price as follows: Habitat-built home; purchase price set by affiliate as affordable 0%-interest mortgage.

• Eligible property types include single_family.
• New construction is eligible.
• Manufactured homes are not eligible.

Where does it apply?

Northeast Mississippi Habitat for Humanity Homeownership Program serves buyers purchasing in Tupelo, Mississippi.

How do you apply?

Applications for Northeast Mississippi Habitat for Humanity Homeownership Program go through Northeast Mississippi Habitat for Humanity, which publishes the current terms and the application steps on its own site.

1. 1

   Take a homebuyer education course

   Required by the program, through Habitat financial literacy classes included in program.

2. 2

   Contact Northeast Mississippi Habitat for Humanity to reserve funds

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

3. 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.