Business Grant Programs

Grants Available through MDA

State Grant Programs Program Facts Examples of Eligible Projects
CDBG Program
for Economic Development
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 state business grant amount per project of $20,000 per job or up to $2,500,000.
  • Drainage systems
  • Water and sewer systems
  • Roads, bridges, and rail spurs
  • Buildings (rehabilitation / expansion)
CDBG for Public
Facilities Projects
CDBG requires that at least 51% of the persons benefitted must be persons of low and moderate income as determined the U.S. Department Housing and Urban Development.
Municipalities and counties are awarded grants based on a competitive process. The Community Development Block Grant Program (Public Facilities) provides for a maximum state grant amount per project of $600,000 for cities and counties with a population greater than 3,500 people and $450,000 for cities and counties with a population under 3,500.
  • Drainage systems
  • Water and sewer systems
  • Roads and bridges
  • Buildings
Development Infrastructure Grant Program (DIP) Municipalities and counties must apply on behalf of a new or expanded industry based on the public infrastructure needs of the project. The Development Infrastructure Grant Program provides for a maximum grant amount per project of $150,000.
  • Building (Purchase, construction, or rehabilitation)
  • Water Improvements
  • Sewer Improvements
  • Drainage Improvements
  • Transportation facilities directly affecting the site, including roads, bridges, rail lines or pipelines
  • Land Improvements
  • Marine Structures
  • Energy facilities (Power Generation and Distribution)
Economic Development Highway Grant
Program (EDH)
Job creation and private investment is the goal of the Economic Development Highway Grant Program. The typical private investment requirement is $70 million. Municipalities and counties must apply on behalf of a new or expanded industry based on the public infrastructure needs of the project.
  • State highways
  • City and county roads
  • Interchanges
  • Bridges
Emergency Solutions Grants Program (ESG) Home ownership is the goal of the Home Investment Partnership Program (for Homebuyer Assistance Projects). The program is available to families, as determined by the U.S. Department of Housing and Urban Development, that have total household gross income at or below 80% of the area medium income. HOME funds are used for down payment and closing cost assistance.
  • HOME Investment Partnerships
  • Grants Program
HOME Program
for Homebuyer Assistance (Mississippi Home Corporation - Home Loan Plus Program)
The Program is available to low-income families as determined the U.S. Department of Housing and Urban Development (HUD). Municipalities and counties may apply on behalf of eligible families. Eligible families may then receive a grant from municipalities or counties for major repairs in the home to correct defects in plumbing, roofing, heating, insulation or other renovations. The Home Program (for Homeowner Rehabilitation / Reconstruction Projects) provides for a maximum grant amount per project that is determined by criteria established by HUD. The criterion includes the size of the family. Funding from this program can be used by municipalities and counties to assist eligible homeowners in making repairs to their homes to correct deficiencies in existing homes, or reconstruct their home because of the state of disrepair.
HOME Program
for Rehabilitation / Reconstruction Projects
The Program is designed to provide assistance to low income families as determined the U.S. Department of Housing and Urban Development. The Home Program provides for a maximum grant amount per project of $750,000 through this program. Community Housing Development Organizations (CHDOs) may apply for these funds.
Job Protection
Grant Program
The existing industry cannot reduce employment by more than 20% if it receives a grant. The Job Protection Grant Program provides for a maximum grant amount per project of $200,000 provided that the existing industry matches the grant on a dollar for dollar basis.
Job Protection Grant funds are only available for fixed assets, and can’t be used for working capital or to provide facilities for utilization by a gaming enterprise or retail operations.
  • Buildings
  • Land Improvements
Mississippi Rail
Grant Program
The program provides grants to public and private railroads to finance railroad projects that promote economic growth and job creation in Mississippi. Eligible projects must identify specific repairs or improvements to a rail line that would make the line more competitive when providing services to industry in Mississippi.
  • Expanding and improving
    rail lines
  • Maintaining rail lines
Small Municipal and Limited Population Counties Grant Program Small Municipalities and Counties - a municipality in the State of Mississippi with a population of ten thousand (10,000) or a county with a population of thirty thousand (30,000) or less according to the most recent federal decennial census at the time the application is submitted by the municipality. Funding from this program can be used by small municipalities and counties to assist with public facilities and infrastructure needs.
The Rural Impact
Grant Fund
A Rural Community is defined as a municipality with a population of 10,000 or less or a county with a population of 30,000 or less according to the most recent federal decennial census at the time the application is submitted. The Rural Impact Fund Grant Program provides for a maximum grant amount of $150,000 per project.
  • Building (Purchase, construction, or rehabilitation)
  • Water Improvements
  • Sewer Improvements
  • Drainage Improvements
  • Transportation facilities directly affecting the site, including roads, bridges, rail lines or pipelines
  • Land Improvements
  • Marine Structures
  • Energy facilities (Power Generation and Distribution)