Bonds; authorize to assist Canton Housing Authority in paying costs of redeveloping 100 public housing units.

SB 2091 would authorize Mississippi to issue state bonds to provide funds for the redevelopment of 100 public housing units in Canton. The Canton Housing Authority would receive the bond proceeds to cover costs like renovation and construction of these units. The bonds would be backed by the state's full faith and credit, meaning Mississippi would repay them using general state funds if needed. All money raised would be used exclusively for this housing project, with no other purposes allowed.