On September 5, 2018, Governor Phil Bryant signed SB2002 into law, establishing the Gulf Coast Restoration Fund.
The GCRF shall be used for programs and projects that have the potential to generate increased economic activity in the Gulf Coast region. Applicants eligible for assistance include, but are not limited to, local units of government, nongovernmental organizations, institutions of higher learning, community colleges, ports, airports, public-private partnerships, private for-profit entities, private nonprofit entities and local economic development entities.
MDA accepted applications for projects from June 3 – August 2, 2019. MDA, with recommendations from the GCRF Advisory Board, shall review, compile and score all applications received by the deadline and shall present the applications to the Legislature no later than December 1, 2019. The Legislature shall determine individual projects that will be funded in an appropriations bill during the 2020 legislative session.
To view Gulf Coast Restoration Fund FAQs, click here.