Bill > HB938

This bill transfers the administration of the Mississippi Main Street Revitalization Grant Program from the Mississippi Development Authority to the Mississippi Department of Archives and History. The bill increases the maximum grant funds that can be provided to a community from $500,000 to $750,000 per year. Eligible recipients include Main Street Designated Communities, Network Communities, Associate Communities, cities, and business improvement districts that meet specific criteria. The program will continue to prioritize grant applications based on factors such as local financial need, project impact, preservation practices, and community benefits. The bill allows the Department of Archives and History to provide up to 2% of the program's fund to the Mississippi Main Street Association for administrative expenses. Grant recipients must provide matching funds (20% for larger municipalities, 10-20% for smaller ones) and adhere to state guidelines. The grants can be used for acquiring land, preserving historic downtown structures, and initiatives to revitalize downtown economies. The bill creates a special fund in the State Treasury to support the program, with funds from legislative appropriations, federal grants, and other sources.

Budget and Finance

https://billstatus.ls.state.ms.us/2025/pdf/history/HB/HB0938.xml