Affordable Housing for Families in Mississippi
GrantID: 9641
Grant Funding Amount Low: $2,500
Deadline: Ongoing
Grant Amount High: $20,000
Summary
Grant Overview
Addressing Affordable Housing Needs in Mississippi
Mississippi faces a severe affordable housing crisis, with a reported 1 in 4 families spending more than 30% of their income on housing. This is compounded by a lack of available units and economic disparities that leave many residents unable to secure safe living environments. The state’s low median income further exacerbates this issue, creating a dire need for initiatives that focus on developing affordable housing solutions for low-income families.
Who Is Impacted by Housing Instability in Mississippi?
Low-income families, particularly in rural areas, disproportionately experience the effects of housing instability in Mississippi. Many families in Delta regions struggle with poverty, leading to frequent relocations and housing insecurity. This instability negatively impacts not only the families’ immediate living conditions but also their long-term trajectory, affecting education and employment prospects.
How the Funding Will Address Housing Inequities
This initiative aims to provide grants up to $20,000 for the construction of affordable housing units targeting low-income families in Mississippi. The funding will be utilized by local nonprofits and community organizations engaged in housing development to create safe, stable environments for families. By prioritizing projects in areas with the highest need, this program seeks to alleviate housing burden on families and promote community stability. It will also encourage collaboration with local governments and stakeholders to ensure that the housing developed meets the needs of the community, enhancing both social and economic outcomes across the state.
Eligible Regions
Interests
Eligible Requirements
