Economic Development Highway Grant Program (EDH)
The Economic Development Highway Grant Program (EDH) is a grant program that is available to fund publicly owned roads. Funding from this program can be used by municipalities and counties to assist with the location or expansion of businesses. Usage of the funds must be directly related to the construction, renovation, or expansion of industry.
Examples of eligible projects include:
• State highways
• City and county roads
• Interchanges
• Bridges
Program Facts
Job creation and private investment is the goal of the Economic Development Highway Grant Program. The typical private investment requirement is $50 million. Industries that are eligible under this program include:
• Manufacturers
• Warehouses and distribution centers
• Research and development facilities
• Hospitals
• Telecommunications and data processing facilities
• National or regional headquarters
Municipalities and counties must apply on behalf of a new or expanded industry based on the public infrastructure needs of the project. The amount of the Economic Development Highway Program Grant funds is determined by the Executive Director of the Mississippi Development Authority.
For further details, see the Economic Development Highway Grant Program Guidelines, Economic Development Highway Grant Program Application, and Section 65-4-1 et. seq, Ms Code 1972, Annotated. To request these documents or for assistance, contact the Financial Resources Division at financial@mississippi.org or (601)359-3552.
Finance and Tax Incentive Programs
Your community may be the ideal place for a particular business. Not-for-profit economic development organizations should look here.
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