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

Universal Citation: MS Code of Rules 6-6-1.9

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

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