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    Community Development Block Grants (CDBG) Economic Development Program

    Forecasted

    Community Development Block Grants (CDBG) Economic Development Program supports Mississippi communities with publicly owned infrastructure tied to industrial projects and private-sector jobs that benefit local residents.

    Funder: Mississippi Development Authority

    Due Dates (Anticipated): January 2027 (annual application deadline)

    Funding Amounts: Up to $20,000 per job or $2,500,000 per project

    Summary: Grants support publicly owned infrastructure tied to industrial projects and private-sector jobs in Mississippi communities.

    Key Information: At least 51% of jobs created or retained must benefit low- and moderate-income people.


    Description

    The Mississippi Development Authority’s CDBG Economic Development Program funds publicly owned infrastructure that helps businesses locate, expand, or remain in Mississippi communities. The infrastructure must be directly related to industrial construction, renovation, or expansion. The program connects local infrastructure improvements with the creation or retention of better-paying private-sector jobs.

    As a federal Community Development Block Grant program, funded activities must also meet a national objective: benefit low- and moderate-income people, prevent or eliminate slums or blight, or address an urgent need arising from a serious and immediate threat to community health or welfare when other financial resources are unavailable.


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