IDS Neighborhood Stabilization Program for Jackson Mississippi

A Program of The Institute for Disability Studies at The University of Southern Mississippi

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Have You Ever Dreamed Of…

  1. Owning your own home?
  2. Living in a great city?
  3. Living in a completely remodeled home?
  4. Having an affordable mortgage?

The IDS Neighborhood Stabilization Program can make your dream a reality for you and your family.

Through the IDS Neighborhood Stabilization Program (NSP), The University of Southern Mississippi Institute for Disability Studies (IDS) targeted five Jackson, Mississippi, neighborhoods to

  1. Buy, demolish, rehabilitate or reconstruct and sell foreclosed properties, reducing the number of vacant houses and raising surrounding property values;
  2. Promote and increase homeownership by providing affordable homes to qualifying low-income families; and
  3. Meet the housing needs of people and their families wishing to live in the targeted neighborhoods.

Am I eligible?
The IDS NSP is working with individuals and families with incomes at or below 120% of the area median income who are interested in purchasing properties in the five targeted areas of Jackson.

Qualifying homebuyers

  1. Must use the NSP home as primary residence
  2. Must attend an 8-hour homebuyer education class
  3. Must be credit worthy and be pre-approved for a home mortgage with a lender
  4. Must not exceed income limits listed below:

 

Number
of People
Income
1
$49,200
2
$56,250
3
$63,300
4
$70,350
5
$75,950
6
$81,950
7
$87,000
8
$92,850

 

 

 

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