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Economic Development

FAA money restored but Jackson-Evers projects may be in jeopardy

Late Friday afternoon action by the U.S. Senate and President Obama got the Federal Aviation Administration back in business but the big dollars lost in airline fees could hurt long-range projects planned by Jackson-Evers International Airport and other airports throughout Mississippi. At Jackson-Evers 10 FAA workers will return to work Monday after a two-week furlough caused by the refusal of ...

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Looming defense cuts bring return of familiar anxieties

Last Tuesday’s deal to slash defense spending by hundreds of billions as part of the deal to raise the nation’s debt ceiling set off the kind of anxiousness not felt in Columbus since the Base Realignment & Closure commission shut down a half-dozen years ago. Suddenly, the Golden Triangle’s continued economic resurgence is not as sure a thing as it ...

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Welfare is a Catch-22

Getting on welfare easier than getting off Regardless of the definition of poverty or opinions on solutions for change, one thing is certain: Getting on government assistance is a lot easier than getting off. Many single mothers who become dependent on welfare programs find the road to self-sufficiency difficult. Tanya Shavers, a 34-year-old mother of four who recently moved out ...

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Miss. poverty grows with single mom rate

See related story: “Welfare is a Catch-22,” Aug. 1, 2011 Despite having one of the nation’s top-rated welfare programs, Mississippi has the highest poverty rate in the nation: 21.8 percent. While a national group of experts has said poverty numbers are incorrectly calculated and are too high, the fact remains that approximately 20 percent of Mississippians are not self-sufficient. Don ...

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HOPE lands $1.5 million to boost recovery in distressed parts of Mid South

HOPE (Hope Enterprise Corporation/Hope Credit Union) has received a $1.5 million grant from the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund to help spur economic growth and recovery in Mississippi and elsewhere across the Mid South. The money from the Community Development Financial Institutions Program also will be used to expand access to affordable financial products ...

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Are you in poverty if you have an Xbox?

The conservative think tank, The Heritage Foundation, has just released a study questioning whether the U.S. Census Bureau should allow Americans with a multitude of unnecessary electronic devices to be considered “in poverty.” According to the most recent Census, 21.8 percent of Mississippians live below poverty level, as opposed to 14.3 percent nationally. According to USDA numbers reported by the ...

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Guys who remade 'Raiders' film look for investors

The Mississippi guys who made a shot-for-shot remake of Steven Spielberg’s “Raiders of the Lost Ark” as teenagers are now at the “just add money” stage for an original action-adventure film they want to make in the state. In 1982, at the age of 11, Gulfport resident Chris Strompolos called school acquaintance Eric Zala and hatched a plot to remake ...

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Hinds CC film program starts in August

Hinds Community College is ready to help with film industry workforce development by giving students the hands-on experience they need for employment in the film and video industry. Hinds will kick off its new film and video technology program at its Rankin campus in August, making it the only two-year college in Mississippi to offer film courses. Coursework for the ...

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Film Summit offers tips for investors

More than 200 investors, producers, actors, crew members and tourism professionals attended the recent Mississippi Film Summit held at the Hinds Community College Rankin Campus to learn about funding film projects and building Mississippi’s film industry infrastructure. Since the Legislature’s approval of an enhanced Mississippi Motion Picture Incentive, the state has one of the best incentive programs in the country ...

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