On September 5, 2018, SB2002 was signed into law, establishing the Gulf Coast Restoration Fund.
The GCRF shall be used for programs and projects that have the potential to generate increased economic activity in the Gulf Coast region. Applicants eligible for assistance include, but are not limited to, local units of government, nongovernmental organizations, institutions of higher learning, community colleges, ports, airports, public-private partnerships, private for-profit entities, private nonprofit entities and local economic development entities.
MDA will accept new applications for projects from June 1 – July 30, 2021. MDA, with recommendations from the GCRF Advisory Board, shall review, compile and score all applications received by the deadline and shall present the applications to the Legislature no later than December 1, 2021. The Legislature shall determine individual projects that will be funded in an appropriations bill during the 2022 legislative session.
The Gulf Coast Restoration Fund Advisory Board
The GCRF Advisory Board is established by SB2002, which stipulates that the board will consist of seven members: three appointments from the governor; two appointments from the lieutenant governor and two appointments from the speaker of the House of Representatives.
The members of the advisory board are:
- Ashley Edwards, chairman
- Moses Feagin
- Becky Montgomery Jenner
Lieutenant Governor’s Appointees
- Jerry Levens
- Mark Cumbest
- Greg Cronin
- Jim Simpson