MISSISSIPPI GO ZONE PROPERTIES

     The Mississippi Development Authority (MDA) is pleased to provide you with an application
guidebook for Round 1 of the Small Rental Assistance Program. The purpose of the Program is to
provide affordable rental housing by offering incentives for small-scale rental property owners—
owners of properties containing between one and four rental units. A total of $160 million is
available in Round 1. 
     MDA will begin accepting applications for Round 1 beginning on September 10, 2007. The
anticipated submission deadline for all applicants is October 26, 2007. Your application must be
postmarked or received by MDA by that date.
     The Program is designed to offer four types of assistance to landlords in Hancock, Harrison,
Jackson, and Pearl River Counties, Mississippi:
        A. Rental income subsidy assistance.
        B. Repair or reconstruction reimbursement for Katrina-damaged property.
        C. Reconstruction or conversion reimbursement for non-Katrina damaged property.
        D. New construction reimbursement.
     Round 1 of the program is open to all ownership entities, including, but not limited to, individuals,
corporations, LLCs, and partnerships. Non-profit organizations are encouraged to apply for
funding, either under the non-profit set-aside or as a portion of the regular program funds. A total
of $20 million is reserved for non-profits in Round 1.
     Please be aware that completion and execution of the application does not constitute a commitment
of federal assistance or site approval. A commitment of federal assistance will only occur after
satisfactory completion of a site-specific environmental review.
     This guidebook will assist you in completing your application for the program. Please note that it
may be updated as the program evolves. You will always be able to find the latest version at  www.mississippi.org.

      If you have additional questions, you can call the MDA call center at 866-369-6302, or visit one
of our service centers below: 
       1. Hancock Government Center, 3068 Longfellow Drive, Building 6A, Bay St. Louis, MS 39520 
       2. Prime Outlets Mall, 10000 Factory Shops Blvd, Suite 110, Gulfport, MS 39503 
       3. Singing River Mall, 2800 US Hwy 90, Suite 1146, Gautier, MS 39553