Current through December 10, 2024
Rule 6-9-1.12 - Funding Guidelines for Premier Site Grant ProgramA. MDA funds must match funds from other sources (excluding other grants administered by MDA) and will not be the primary funding vehicle. Funding will be made available on a reimbursement basis on a drawdown schedule agreed upon by MDA. (i)The maximum grant will be $250,000 or 50% of the total cost of all the due diligence/site development improvements required, whichever is less.(ii) 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 improvements.Miss. Code Ann. § 57-1-701