Arkansas Site Development Program
The Arkansas Site Development Program is intended to provide matching funding for site development improvement activities that will enhance industrial site readiness and competitiveness for job-creating projects.
Eligibility
Who can apply?
Eligible applicants:
- Cities, towns, and counties in Arkansas
- An economic development organization
- A chamber of commerce
What sites are eligible for consideration?
What kinds of site development projects are eligible?
- Drainage improvements
- Easements
- Dozer or dirt work
- Grading
- Site mitigation
- Site rehabilitation
What kinds of site development projects are NOT eligible?
What are the matching fund requirements and what is considered a matching fund?
An eligible applicant must invest a match that is at least a minimum of 5% of the overall project cost estimate. The matching fund can be in the form of cash, in-kind donations, or a combination of both. Cash matching funds can be in the form of funds appropriated by the local governing body or invested by an economic development organization, nonprofit or for profit entity. In-kind matches can include professional or skilled labor donated to support the site development project activity identified in the application.
Click here for the full program rules.
Application Process
How can I apply?
Interested applicants should submit their intent to apply for the Arkansas Site Development Program by August 1, 2024. After the intent to apply form is submitted, applicants will receive a unique link to submit your application and supporting documentation.
When will the application be open?
- Applications Open: June 10, 2024
- Express Intent to Apply and Receive Application Link: June 10, 2024 through August 1, 2024
- Deadline to Express Intent to Apply: August 1, 2024
- Applications Close: September 2, 2024
- Notice of Award: November 2024