Mississippi Administrative Code
Title 6 - Economic Development
Part 6 - Economic Development Division
Chapter 1 - Mississippi Site Development Grant Program
Rule 6-6-1.9 - Funding Guidelines for Ready Site Grant Program
Current through September 24, 2024
A. These funds must match funds from other sources and will not be the primary funding vehicle.
B. The maximum grant will be $50,000 or 50% of the total cost of all the due diligence/site development improvements required, whichever is less.
C. In-kind services will be valued as part of the required match if they are directly related to the costs of due diligence/site development requirements.
D. MDA will only fund elements of due diligence/site development improvements if there are funds secured or pledged to finish all minimum criteria required. For example, MDA will not fund a Phase I environmental site assessment if there are no resources available to undertake a wetlands delineation, a cultural resources assessment, etc., if needed.
Senate Bill 3033 Regular Session 2017