Housing repair grant program; authorize issuance of bonds to provide funds for grants to low-income individuals for home repairs.

HB 438 establishes a state-funded program to provide home repair grants for low-income Mississippi homeowners, primarily targeting seniors (62+), disabled residents, and households with incomes under $12,000 (single) or $16,000 (two or more people). The Department of Finance and Administration will administer the program, offering grants up to $25,000 per household for essential repairs, with eligibility requiring primary home ownership, age/disability status, and income limits. Funding will come from up to $50 million in state bonds, with money distributed to congressional districts based on each district's share of the state's low-income population. Unspent funds will remain in a dedicated state account and not roll into the general budget.