Mississippi Administrative Code
Title 6 - Economic Development
Part 4 - Community Services
Chapter 2 - Rural Impact Fund Grant Program (RIF)
Rule 6-4-2.3 - Eligible Projects

Universal Citation: MS Code of Rules 6-4-2.3

Current through September 24, 2024

Eligible projects financed with RIF must be publicly owned with the exception of loan guarantees to rural businesses. All contracts and purchases must be made in accordance with normal bid and purchase laws of a municipality or county. Eligible projects include, but are not limited to:

A. Construction, rehabilitation or repair of building;

B. Sewer systems and transportation directly affecting the site of the proposed rural business;

C. Sewer facilities;

D. Acquisition of real property, development to real property, improvements to real property;

E. Any other project approved by MDA, and

F. Loan guarantees to Rural Businesses not to exceed eighty percent (80%) of the principal loan amount.

Miss. Code Ann. § 57-85-1 etseq. (Rev. 2008)

Disclaimer: These regulations may not be the most recent version. Mississippi may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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