Mississippi Administrative Code
Title 6 - Economic Development
Part 4 - Community Services
Chapter 4 - The Mississippi Development Infrastructure Program (DIP)
Rule 6-4-4.1 - Purpose

The Mississippi Development Infrastructure Program (DIP), administered by the Mississippi Development Authority (MDA) is designed for making grants or loans to counties or municipalities (Local Sponsors) to finance infrastructure projects to promote economic growth in the State of Mississippi (State). Counties and municipalities are encouraged to use these funds in connection with other State and federal programs. Funding for grants and loans to Local Sponsors is derived from the issuance of State bonds. DIP was enacted by the State Legislature during the Regular 1993 Session.

Miss. Code Ann. § 57-61-36 (Rev. 2014. 2014)