CDBG Economic Development Program

The Community Development Block Grant (CDBG) Economic Development Program is a grant program that is available to fund publicly owned infrastructure. Funding from this program can be used by municipalities and counties to assist with the location, expansion, or retention of businesses. Usage of the funds must be directly related to the construction, renovation, or expansion of industry.

Examples of eligible projects include:

Drainage systems
Water and sewer systems
Roads, bridges, and rail spurs
Buildings (rehabilitation/expansion)

Program Facts

Job creation is the goal of the Community Development Grant Economic Development Program. CDBG requires that at least 51% of the jobs created must be made available to persons of low and moderate income as determined the U.S. Department Housing and Urban Development. Typical industries that are eligible under this program include:
 
Manufacturers
Warehouses and distribution centers
Research and development facilities
Telecommunications and data processing facilities
National or regional headquarters

Municipalities and counties must apply on behalf of industry based on the public infrastructure needs of the project. The Community Development Block Grant Program (Economic Development) provides for a maximum grant amount per project of $650,000. 

Audits

All federally funded projects must meet federal audit requirements. For more information please select audits.

Word documents

Economic Development Proposal 2011 
Economic Development Proposal 2012
Economic Development Application 2011
Economic Development Application 2012
Funding Certification Form
Project Information Package
Memorandum of Agreement
Engineering Fee Schedule Guide
Water Viability Form

Excel documents

Budget Summary
CDBG Economic Development Quarterly Jobs Report
Company Financial Information 
Economic Development Closeout Package
Request for Cash
Source and Use of Funds Disbursement
Water Viability Financials

PDF Documents

CDBG or HOME Project Sign 
CSD Policy Statement #09-003 on HUD Section 3 Reporting
HUD Section 3 Reporting Form #60002
2012 HUD Income Limits 

Link

Federal Funded Projects Compliance Guidance and Forms

Upon review, Community Services Division will make a decision whether or not to invite an application. Only invited applications will be considered due to the limited amount of funds available. The letter inviting an application will state the amount of funds that may be requested.

For more information:
Community Services Division
Telephone: 601.359.3179
Fax: 601.359.3108
Hearing Impaired may contact us at 601-359-3119 (TTY)
community@mississippi.org

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