Home building in many areas of the state is gradually improving with most major cities showing an increased number of building permits in 2011 compared to 2010. “We’re seeing a little bit of market activity pick up, and are actually forecasting a slight increase this year,” said Marty Milstead, executive vice president, Home Builders Association [...] [...]
In this week’s MBJ — THE WHOLE PACKAGE: How Whole Foods causes residential real estate to skyrocket. By Clay Chandler Also in this week’s paper: >> Charter Schools: Legislation passes … What’s next? — by Amy McCullough >> What makes a successful school: Is your school passing or failing? — by Amy McCullough >> In [...] [...]
by MBJ Staff Published: February 24,2012
Tags: colleges, development, education, higher education, housing, property, real estate, residential real estate, student housing, universities
OXFORD — EdR, a Memphis-based developer, owner and manager of collegiate housing, reports it has executed agreements with Landmark Properties to develop, own and manage a $36 million collegiate housing community near the University of Mississippi. EdR would be the 70 percent majority owner and would manage the community upon its fall 2013 completion. Landmark [...] [...]
GREENVILLE — A housing agency director has received a month’s delay before she stands trial for allegedly taking kickbacks from a contractor and retaliating against a witness. Ann “A.J.” Jefferson’s trial was moved from today to Feb. 29, The Delta Democrat Times reported. Defense attorneys asked for the delay because of unspecified conflicts of counsel. [...] [...]
by Associated Press Published: January 9,2012
Tags: federal government, grants, homeowners, homes, houses, housing, municipal government, real estate, reimbursement, residences, residential real estate, residents
JACKSON — Mississippi’s capital city may have to reimburse more than $300,000 to the U.S. Department of Housing and Urban Development over lax oversight that led to the misuse of more than $1 million in federal grants over several years. The reimbursement may be necessary for Jackson to get $1.15 million in housing funding restored. [...] [...]
MARION COUNTY — Georgia Pacific is closing down its Marion County sawmill, effectively putting 65 people out of work. Georgia Pacific spokeswoman Melody Ruse tells WDAM-TV employees of the sawmill, located just north of Columbia, were informed of the closure Monday. Ruse says dwindling housing starts nationwide is the reason for the closure. She says [...] [...]
VICKSBURG — A Vicksburg building that has been empty and neglected for years appears headed for a dramatic turnaround. The four-story Aeolian building has been vacant since 1991. But The Vicksburg Post says nearly $750,000 worth of income-based tax credits will be used to make the building into senior apartments. The money from the Mississippi [...] [...]
OXFORD — The draft 2012 budget reduces tax rates for Lafayette County property owners from 2011′s 33.79 mills to 26.5 mills. The Northeast Mississippi Daily Journal reports supervisors hope to reduce the budget by eliminating most periodic bond payments, using part of the county’s $30-million hospital-sale proceeds to pay off long-term debts. The county and [...] [...]
by Associated Press Published: August 29,2011
Tags: disaster, disaster recovery, flooding, floods, homeowners, homes, housing, natural disaster, rains, real estate, severe weather, Weather
VICKSBURG — Vicksburg officials will hold a forum on Sept. 1 at the Vicksburg Auditorium for homeowners in the areas hit by the 2011 flood who are interested in participating in a voluntary home buyout program. The Vicksburg Post reports that the city will apply for funding through the Federal Emergency Management Agency. The Mississippi [...] [...]
BILOXI — The Biloxi Housing Authority is considering building a recreational vehicle park on U.S. Highway 90. Owners of other campgrounds in the city say they have been struggling since Hurricane Katrina and are just getting back on track from the oil spill. They don’t welcome more competition. Bobby Hensley, director of the Biloxi Housing [...] [...]
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