Port Revitalization Revolving Loan Program
Mississippi Development Authority's Port Revitalization Revolving Loan Program funds port authorities for infrastructure and business development projects to modernize and expand port operations.
Funder: Mississippi Development Authority
Due Dates: No deadlines; applications accepted on a rolling basis
Funding Amounts: Loan amounts, interest rates, and terms not specified; contact MDA for details
Summary: Provides revolving loans to Mississippi port authorities for business development and infrastructure improvements.
Key Information: Program is a loan (not a grant); only port authorities are eligible.
Description
The Port Revitalization Revolving Loan Program, administered by the Mississippi Development Authority (MDA), is designed to promote the growth and modernization of Mississippi’s port infrastructure. The program provides revolving loans to state, county, and municipal port authorities to support the location and expansion of businesses and to fund improvements to port facilities. By facilitating business development and enhancing infrastructure, the initiative aims to strengthen the economic impact of Mississippi’s ports and improve connectivity within the state’s business ecosystem.
