Finance
Mississippi participates in the HUD-administered HOME Investment Partnerships Program. This program provides funding to:
AIndividual homebuyers directly
BState and local governments to fund affordable housing activities including homebuyer assistance, rental development, and rehabilitation✓ Correct
CReal estate developers only
DOnly rural housing projects
Explanation
The HOME Investment Partnerships Program is a federal block grant program administered through HUD that provides funding to states and local governments (participating jurisdictions). These jurisdictions use HOME funds for a range of affordable housing activities including homebuyer assistance programs, rental development, and rehabilitation.
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