Freight Rail Service Revolving Loan Program
The Freight Rail Service Revolving Loan Program from the Mississippi Development Authority funds local government projects to upgrade and expand freight rail infrastructure across Mississippi.
Funder: Mississippi Development Authority
Due Dates: Rolling (no fixed deadline)
Funding Amounts: Loan terms and maximum/minimum amounts are not specified publicly; see program guidelines for details.
Summary: Supports Mississippi county and municipal governments with revolving loans to improve freight rail infrastructure and service capacity.
Key Information: This is a loan program (not a grant); only governmental authorities in Mississippi are eligible.
Description
The Freight Rail Service Revolving Loan Program, administered by the Mississippi Development Authority (MDA), is designed to boost rail usage and productivity across the state. By providing access to revolving loans, the program enables county and municipal governmental authorities in Mississippi to finance projects that enhance freight rail infrastructure and improve service capacity. The initiative aims to support local economic development by strengthening the state’s freight rail network.
