MDA Releases Katrina Action Plan
The Mississippi Development Authority (MDA) has published the Katrina Supplemental CDBG Funds for Economic Development Program Action Plan. The plan is currently posted on the agency's Web site at http://www.mississippi.org/ for public review and comment.
This program is designed to assist local governments affected by Hurricane Katrina to provide infrastructure to support economic development. The funds will be awarded in the form of grants and loans that will be used for economic development purposes and projects will be considered on a case-by-case basis. All local governments in the presidential declared disaster area are eligible. Proposals will be accepted until funds are depleted.
A total of $300 million has been set aside by the State of Mississippi to provide funding in three program categories: $250 million for Community Development Block Grant (CDBG) economic development grants and loans; $45 million for community revitalization; and, $5 million for planning.
The public is invited to make comments about the action plan before submission of the final version to the U.S. Department of Housing and Urban Development. Comments can be faxed to (601) 359-9280 or e-mailed to actioned@mississippi.org/. Comments must be received by September 22, 2006.
This program is designed to assist local governments affected by Hurricane Katrina to provide infrastructure to support economic development. The funds will be awarded in the form of grants and loans that will be used for economic development purposes and projects will be considered on a case-by-case basis. All local governments in the presidential declared disaster area are eligible. Proposals will be accepted until funds are depleted.
A total of $300 million has been set aside by the State of Mississippi to provide funding in three program categories: $250 million for Community Development Block Grant (CDBG) economic development grants and loans; $45 million for community revitalization; and, $5 million for planning.
The public is invited to make comments about the action plan before submission of the final version to the U.S. Department of Housing and Urban Development. Comments can be faxed to (601) 359-9280 or e-mailed to actioned@mississippi.org/. Comments must be received by September 22, 2006.
posted by MS Forestry Association | 8:59 AM
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