Supervisors close on more flood-prone homes
by Associated Press
Published: January 11,2012
JACKSON COUNTY — Jackson County supervisors have approved a payment of $500,949 to Island Winds Title Co. to close on seven homes.
The Mississippi Press reports the action brings the county closer finishing its role in a federal buyout program meant to help give relief to residents in repeatedly flooded homes.
Planning director Michele Coats says once the seven homes are closed out, a total of 56 homes will have been purchased.
“I think we’ve already handled all of the single family residential homes that are occupied,” Coats said. “The next group includes some rental houses and ones that the owners said were not high priority.”
After hurricanes Georges and Katrina, the Federal Emergency Management Agency and Mississippi Emergency Management Agency offered to buy repeatedly flooded properties. The program is voluntary.
Residents eligible for buyouts are scattered across the county, including in the Pecan, Cumbest Bluff, Helena, Escatawpa and St. Martin communities.
There are 10 more homes on the purchase list, but Coats only expects a few to go through with the process.
Coats said she hopes to be complete by year-end.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
Still planning that summer vacation?
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Study: Mississippi has highest sales tax rate in U.S.
- Family launches Billups Coffee with headquarters in Oxford
- Chris McDaniel responds to radio show audio clip
- Running luxury car dealerships, like Mercedes of Jackson, comes naturally to Trudy Higginbotham Moody
- Mississippi State makes NSF ranking of research universities
- ‘Just the beginning’ — Venture Technologies merging, acquiring companies
- Chaney drops lawsuit against National Flood Insurance Program
- Hood joins other AGs in efforts to curb copper theft
- Entergy gives $500K grant to The Nature Conservancy
- Sawtimber, pulpwood markets improving, but challenges remain