6 Miss. Code. R. 2-4.1 - Overview
The Mississippi Capital Access Program, administered by the Mississippi Development Authority (MDA), is designed to increase the availability of financing for borrowers who for various reasons might have difficulty in obtaining conventional loans. The essential element of the program is a loan secured by proceeds of a public contract ("Contract Loan"). The loan will be made on the basis of a construction contract with a public entity having been awarded to the borrower.
Notes
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