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

SB 3046 authorizes Mississippi to issue state general obligation bonds to fund the redevelopment of 100 public housing units in Canton. The Housing Authority of Canton, Mississippi, is the direct beneficiary, receiving funds to cover redevelopment costs. The bill establishes that the bonds are backed by the full faith and credit of the State of Mississippi, with repayment secured through state treasury funds if needed. This is a funding mechanism, not a new housing program or policy change.