HB 1716: Mississippi Main Street Revitalization Grant Program Act; revise certain provisions.
HB 1716 revises Mississippi's Main Street Revitalization Grant Program to clarify eligibility and funding rules. It affects Mississippi communities with Main Street programs (including designated communities, cities, counties, and business improvement districts) seeking grants for downtown revitalization projects. Key changes include adjusting matching fund requirements: cities with over 10,000 residents must cover 20% of project costs locally, while smaller cities pay 10% for the first $100,000 and 20% thereafter. Grants are capped at $500,000 per community annually and can fund historic preservation, downtown economic initiatives, and land improvements. The bill also establishes a dedicated state fund for these grants, managed by the Mississippi Development Authority with input from the Mississippi Main Street Association.






