Current through December 10, 2024
Rule 6-9-1.10 - Funding Guidelines for Ready Site Grant ProgramA. These funds must match funds from other sources; MDA grant funds 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.Miss. Code Ann. § 57-1-701