Mississippi Administrative Code
Title 6 - Economic Development
Part 4 - Community Services
Chapter 12 - Mississippi Main Street Investment Grant Fund
Rule 6-4-12.21 - Construction and Expenses

Neither MDA nor non-MDA funds may be expended on the proposed project prior to the effective grant award date. Any expenses incurred before the effective date of the grant agreement will not be reimbursed by MDA. Construction may not begin prior to the effective grant award date. All funded projects are required to enter the construction phase within 12 months of the award date. Where construction has not begun within 12 months, the applicant must satisfactorily demonstrate why the project should be kept open or the award may be automatically voided.

Miss. Code Ann. § 57-1-601