MS SB2769

Creates the Market-Ready Homes Revolving Loan Program to provide homeowners with short-term loans for repairs and upgrades to increase home listing prices before sale

Loans are limited to 6-month terms with below-market interest rates, capped at $30,000, and available only to owners of "starter homes" (defined by median income calculations for the area)

Eligible repairs include windows, doors, foundation, electrical, plumbing, roof, and HVAC work; requires quotes from licensed contractors and listing with a real estate agent for at least 6 months

Establishes the Market-Ready Homes Revolving Loan Fund in the State Treasury, administered by the Mississippi Home Corporation, with unexpended funds rolling over each fiscal year

Program is set to expire July 1, 2029, though the bill contains a conflicting provision stating it takes effect July 1, 2026 and repeals June 30, 2026