Economic Development

Beginning October 2006, HUD required that all recipients provide additional information to better measure the achievements of Federal programs. By law, all Federal agencies are required to measure outcomes of their programs and these measurements will be directly linked to fundin…

A. Officials and Managers: Occupations requiring administrative personnel who set broad policies, exercise overall responsibility for execution of these policies, and direct individual departments or special phases of a firm's operations. Includes: officials, executives, middle m…

The Mississippi Main Street Investment Grant Fund (MMSIGF) program, administered by the Mississippi Development Authority (MDA), is designed for making grants to municipalities to assist with maintaining and improving the viability of Revitalization Zones. The proceeds of a grant…

MDA encourages the use of Minority-owned Business Enterprises (MBE) and Women-owned Business Enterprises (WBE). The Applicant must comply with all nondiscrimination and equal employment opportunity requirements Notes 6 Miss. Code. R. 4-12.10 Miss. Code Ann. § 57-1-601 Adopted 6/4…

A. Mississippi Main Street Investment Grant Fund (MMSIGF) Program funds cannot be used for administrative costs, legal or appraisal fees. Program funds may not be used for working capital, gaming enterprises, or for general expenditures which would normally be covered under a loc…

To apply for MMSIGF Program, a completed grant application that is submitted by an eligible applicant must include the following attachments: A. A detailed description of the project and narrative explaining how the specific improvements will enhance the Revitalization Zone. B. T…

The Applicant must fulfill the requirements of the standard grant application, which must be submitted to MDA for review and acceptance. An Applicant may only submit one application per funding period. MDA may reject any grant application that it deems is incomplete. Notes 6 Miss…

The Applicant must submit one original of the application to MDA. Complete applications must be submitted with bottom tabbed dividers in between each attachment. All documentation should have original signatures. The application deadline will be announced by MDA. Notes 6 Miss. Co…

Mississippi Main Street Investment Grant Fund Mississippi Development Authority Community Incentives Division Post Office Box 849 Jackson, MS 39205 Notes 6 Miss. Code. R. 4-12.15 Miss. Code Ann. § 57-1-601 Adopted 6/4/2017 Amended 4/28/2023

If property acquisition is proposed, the Applicant must not purchase a building or facilities from individual(s), company(ies), or corporation(s) with MMSIGF proceeds, and subsequently lease them to the seller (previous owner) within 5 years of acquisition. The Applicant may not …

Up to 8% of the grant amount may be used for design work, i.e., engineer or architect. Engineering and/or architectural costs above 8% must be paid from other funding sources. Notes 6 Miss. Code. R. 4-12.17 Miss. Code Ann. § 57-1-601 Adopted 6/4/2017 Amended 4/28/2023

The Applicant will be required to expend all MMSIGF proceeds within two years from the date of grant approval, unless a waiver at MDA's discretion is granted upon good cause shown. If the funds are not drawn within the two years, MDA will have the option to adjust the grant to th…

MDA staff will evaluate the application to determine if the project meets minimum program criteria. A staff review committee (CID Division Director, Community Development Bureau Manager, Program Manager) will evaluate and rank the Revitalization Zone project applications for appl…

The Mississippi Development Authority has designed the program guidelines to assure that these legislatively appropriated funds are invested to provide long-term sustainable improvements in locally defined and planned Revitalization Zones. To achieve this purpose, MDA has created…

Upon being awarded a MMSIGF grant, a binding grant agreement will be executed between the Mississippi Development Authority and the local unit of government for the specific amount awarded to the applicant, and for the particular activity selected by the community. Notes 6 Miss. …

Neither MDA nor non-MDA funds may be expended on the proposed project prior to the effective grant award date. Any expenses incurred before the effective date of the grant agreement will not be reimbursed by MDA. Construction may not begin prior to the effective grant award date.…

All Applicant contracts and purchases must be made in accordance with normal bid and purchase laws of a municipality. Notes 6 Miss. Code. R. 4-12.22 Miss. Code Ann. § 57-1-601 Adopted 6/4/2017 Amended 4/28/2023

All funds awarded must be spent for improvements within the scope of the original project description as stated in the grant application. Additionally, all funds will flow through the local municipality. A. MDA will release MMSIGF program proceeds for services rendered, on a reim…

MMSIGF funds are requested by using the MDA provided Request for Cash form. The Request for Cash form provides the necessary information about the recipient, project, and budget, along with the required signatures to authorize the request. The costs reported must be equal to the …

An Authorized Signatory Letter must be sent no later than with the first Request for Cash and at any time there is a change in administration. The Authorized Signatory Letter will advise CID of the authorized signatories for the MMSIGF project. Notes 6 Miss. Code. R. 4-12.25 Miss…

Completed requests for cash must be submitted to: The Mississippi Development Authority Community Incentives Division Post Office Box 849 Jackson, Mississippi 39205-0849 Notes 6 Miss. Code. R. 4-12.26 Miss. Code Ann. § 57-1-601 Adopted 6/4/2017 Amended 4/28/2023

All forms submitted must be accurately completed or the request cannot be processed and will be returned to the recipient. Forms submitted with errors will delay the process and greatly impact the turnaround time for funds being released because all information must be verified a…

Requests for Cash overlapping the State's fiscal year (June 30th) or the sub-recipient's fiscal year must be separated into two separate requests. Notes 6 Miss. Code. R. 4-12.28 Miss. Code Ann. § 57-1-601 Adopted 6/4/2017 Amended 4/28/2023

All requests for construction expenses must include an itemized invoice approved by the engineer. Notes 6 Miss. Code. R. 4-12.29 Miss. Code Ann. § 57-1-601 Adopted 6/4/2017 Amended 4/28/2023

These guidelines may be amended by MDA at any time. MDA, at its discretion, may temporarily waive any requirement of the guidelines to the extent that the result of such waiver is to promote the public purpose of the Act and is not prohibited by State Law. Notes 6 Miss. Code. R. …

Matching Funds must be expended at a proportionate rate with MMSIGF Funds and recorded on the Request for Cash. Notes 6 Miss. Code. R. 4-12.30 Miss. Code Ann. § 57-1-601 Adopted 6/4/2017 Amended 4/28/2023

The Community Incentives Division requires all MMSIGF recipients to receive approval prior to making contract amendments, modifications or extensions. MMSIGF recipients must submit correspondence and documentation associated with the request, signed under the original signature o…

The Community Incentives Division must approve any changes to the original budget prior to local action. Notes 6 Miss. Code. R. 4-12.32 Miss. Code Ann. § 57-1-601 Adopted 6/4/2017 Amended 4/28/2023

No approved applicant will be allowed to use excess funds to pay for project costs not accounted for in the original project description (outside the original application and approved scope of work). Additionally, if the recipients complete their project for less than the amount …

Once all funds have been disbursed or construction of project activities are complete, the local municipality should submit a completed close-out package to CID. Close-out packages should be checked for accuracy prior to submission to CID. Incorrect and/or incomplete close-out pa…

Maintaining an efficient filing system is critical to the administration and monitoring of your project. A successful monitoring experience hinges on the quality with which the local municipality maintains its filing system and the ease of obtaining information from those files. …

When establishing a file system, local municipalities should consider using two categories to set up their files: grant files and project files. The grant files should contain documentation and information that relate to the overall funding and administration of your project. The…

Funds provided under the MMSIGF Program are subject to audit and/or monitoring by the MDA, Office of the State Auditor, or other appropriate agency such as, Department of Environmental Quality, and/or Department of Health, etc. Notes 6 Miss. Code. R. 4-12.37 Miss. Code Ann. § 57-…

When establishing a file system, local sponsors should consider using two categories to set up their files, loan files, and project files. The loan files should contain documentation and information that relate to the overall funding and administration of your project. The projec…

Funds provided under the MMSIRLF Loan Program are subject to audit and/or monitoring by the MDA, Office of the State Auditor, or other appropriate agency such as, Department of Environmental Quality, and/or Department of Health, etc. HB 1729 Section 23, 2016 Regular Session. Note…

Municipalities with a population of less than fifteen thousand (15,000) according to the latest federal decennial census at the time the municipality submits an application to MDA. Notes 6 Miss. Code. R. 4-12.4 Miss. Code Ann. § 57-1-601 Adopted 6/4/2017 Amended 4/28/2023

Projects must be directly related to the implementation of a municipal determined and MDA approved Revitalization Zone. Notes 6 Miss. Code. R. 4-12.5 Miss. Code Ann. § 57-1-601 Adopted 6/4/2017 Amended 4/28/2023

An area in a municipality that is officially designated by ordinance or resolution of the governing authorities of the municipality as a Revitalization Zone and approved and certified by MDA as meeting the requirements of this section. Revitalization Zones may embrace two or more…

A. Economic Development Improvements - Projects that lead to growth of the state and local economy through private capital investment and new and improved job creation. (Specific companies to be identified.) B. Community Development Improvements - Projects that improve public inf…

The amounts will be determined by MDA based upon the funds available at each application period and based upon the amounts requested in each application. The grant may not exceed ninety percent (90%) of the total project cost. Notes 6 Miss. Code. R. 4-12.8 Miss. Code Ann. § 57-1-…

All grant recipients and benefitting businesses entering into contracts with the Mississippi Development Authority represents and warrants that it will ensure compliance with the Mississippi Employment Protection Act and will register and participate in the status verification sy…

A. The Mississippi Main Street Revitalization Grant Program Act (MMSRGP) administered by the Mississippi Development Authority (MDA), is designed for making grants available to selected Main Street Designated Community programs to finance projects that will develop land use strat…

Funds provided are subject to audit and/or monitoring by the MDA, Office of the State Auditor, or other appropriate agency. Notes 6 Miss. Code. R. 4-13.10 Senate Bill 2359, 2023 Regular Legislative Session Adopted 12/26/2023

Grantees must adhere to Mississippi state procedures and guidelines relating to the implementation and financing of the approved project. Grantees must also submit any and all audit and financial statements as required by the State of Mississippi. Notes 6 Miss. Code. R. 4-13.11 S…

MDA encourages the maximum opportunity for increased participation by minority and women-owned business enterprises in the procurement of goods and services. MDA's Minority Business Division and the Mississippi Procurement Technical Center can assist with minority and women-owned…

All funds awarded must be spent for improvements within the scope of the original project description as stated in the grant application. Grant funds are requested by using the MDA provided Request for Cash form. The Request for Cash form provides the necessary information about …

MDA requires all grant recipients to receive approval prior to making contract amendments, modifications, or extensions. Grant recipients must submit correspondence and documentation associated with the request, signed under the original signature of the chief elected official or…