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Banking & Finance

STAYING AT HOME

  Housing Relocation and Stabilization Program to help prevent homelessness   In the past, homelessness has been mostly a problem in big cities, and has often been more common with single people than families. But with the current recession, high unemployment rates and record high levels of foreclosures in the first six months of 2009, there has been an increase in ...

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Incentives for adoption of electronic health records under ARRA

The U.S. Department of Health and Human Services (“HHS”) announced on June 16, 2009, that it has begun the process to define “meaningful use” of electronic health records (“EHR”) under the American Recovery and Reinvestment Act of 2009.  President Obama signed the American Recovery and Reinvestment Act of 2009 (ARRA or “Act”) on Feb. 17, 2009, to not only help ...

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Clearly defined roles are key to green success

Green, not the color, but an increased environmental sensitivity, conservation and energy efficiency, is sweeping the nation. Green building development is proving to be one of the hottest trends in commercial real estate development. The federal government has also made green building development a priority. Even without incentives or directives from the federal government, green building development has found its ...

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Coordinating infrastructure projects

Metropolitan planning organizations keep eye on projects that have short timeline Transportation improvements are coming to Mississippi thanks to the federal stimulus package which allocated $354 million to the Mississippi Department of Transportation for statewide projects. These infrastructure projects are being coordinated through MDOT’s Planning Division with metropolitan planning and development organizations representing all areas of the state. “These projects ...

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Putting families back in homes

  Neighborhood program putting families back in their homes   There can be a snowball effect when a large number of foreclosures hit a neighborhood. Who wants to buy a home when prices are declining and many homes in the neighborhood are vacant with unkempt yards because of foreclosures? But, now there is an opportunity to turn things around with federal ...

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SBA posting on YouTube

WASHINGTON — The U.S. Small Business Administration (SBA) has begun posting informational videos on YouTube as it joins an increasing trend within the federal government to use the video-sharing web platform to reach a larger audience. “With millions of visitors, most of them under 35, YouTube offers a prime opportunity to use current technology and the appeal of a popular ...

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Federal contract awards hit all-time high

WASHINGTON — Small businesses won a record $93.3 billion in federal prime contracts in fiscal year 2008 (Oct. 1, 2007-Sept. 30, 2008), an increase of almost $10 billion from 2007, according to the U.S. Small Business Administration’s (SBA’s) third-annual small business procurement scorecard. In addition, small disadvantaged businesses, women-owned businesses and service-disabled veteran-owned businesses increased their share of federal contracting ...

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SBA program enhanced by ARRA

WASHINGTON — With the American Recovery and Reinvestment Act (ARRA) funding an additional $50 million for loans and $24 million for technical assistance, the U.S. Small Business Administration (SBA) is expanding its Microloan program and increasing access to capital for small businesses across the country. The program is shifting to funding provided under the ARRA now that it has exhausted ...

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Intechra purchased by N.Y. firm

August 14, 2009 JACKSON — Environmental Capital Partners (ECP), a New York-based private equity firm, with its affiliates has acquired the assets of Intechra Holding Corporation (IHC), the independent IT asset disposition company. Terms were not disclosed. The IHC assets were purchased from its lender, Marathon Asset Management, through Intechra Group, LLC (Intechra), a newly formed company. Affiliates of Marathon have ...

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What now? An investment portfolio recovery plan

As we all have witnessed, the past year and a half has seen significant market swings and volatility.  The impact on your emotions and investment decisions has been just as significant.  With seemingly daily headlines of gloom and doom — the war in Iraq, inflation, fraud and seemingly endless government spending — it is often difficult to remain optimistic.  However, ...

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