by MBJ Staff Published: February 8,2012
Tags: disaster, disaster recovery, federal government, homeowners, homes, houses, hurricanes, severe weather, tropical weather, Weather
WASHINGTON — The Federal Emergency Management Agency (FEMA) has developed a plan to waive recoupment of improper disaster assistance payments that were disbursed due to government error, according to U.S. Senators Mary L. Landrieu, D-La., Mark Pryor, D-Ark., and Thad Cochran, R-Miss.
Next week, FEMA will send letters to 90,000 affected individuals and households informing them [...] [...]
CORINTH — The city of Corinth, according to The Daily Corinthian, is planning to revitalize a prime spot in the industrial park with hope of bringing new jobs to the city.
The city-owned Wurlitzer property is the focus of the plan, which would include removal of the industrial building. Officials believe removing the dilapidated industrial building [...] [...]
by Associated Press Published: February 1,2012
Tags: blight, buildings, Commercial Real Estate, community development, demolition, flooding, floods, hurricanes, municipal government, properties, real estate, severe weather, storm surge, tropical weather, Weather, wind
BILOXI — Blighted buildings are coming down in Biloxi.
The Sun Herald reports the city council approved inspections yesterday of six more blighted buildings, including the White House Hotel.
Jerry Creel, community development director, says his department wants the owners of the White House to remove the steel beams on the west side of the hotel or [...] [...]
by Associated Press Published: January 30,2012
Tags: Commercial Real Estate, culture, damage, disaster recovery, histoiric preservation, historic building, history, natural disaster, preservation, real estate, rehabilitation, renovation, severe weather, tornadooes, Weather, wind
CORINTH — Part of a historic Corinth building that preservationists have been working to save was badly damaged by a storm.
Much of the old Corinth Machinery building collapsed early Saturday after a storm moved through Corinth. New fencing was put up to keep people from getting too close to a building.
Co-owner Terry Albright said it [...] [...]
by Associated Press Published: January 30,2012
Tags: flood insurance, homeowners insurance, hurricanes, insurance, real estate, severe weather, state government, storm surge, tropical weather, Weather, wind, Wind Pool
MISSISSIPPI GULF COAST — Members of Mississippi’s wind pool board are in London this week to seek low reinsurance rates — a key factor in the cost of policyholders’ premiums.
The Mississippi Press reports that the board left Saturday and are expected to return Friday.
The Mississippi Windstorm Underwriting Association is the insurer of last resort for [...] [...]
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. Prosecutors did [...] [...]
SOUTHAVEN — Southaven Mayor Greg Davis co-owns an oceanfront Florida condominium with a developer who’s received more than $3.4 million through real estate deals with the city since 2008.
The developer, Chuck Roberts, more popularly known as the public address announcer at the University of Memphis Tigers basketball games, bought the $500,000 luxury condo with Davis [...] [...]
by Associated Press Published: January 27,2012
Tags: building, charges, construction, disaster, disaster recovery, grand jury, hurricanes, investing, investment, investment scheme, investors, natural disaster, rebuilding, scam, servere weather, tropical weather, Weather
MISSISSIPPI GULF COAST — Federal officials say a man in Hawaii has been charged by a grand jury in connection with an investment scheme related to rebuilding projects in areas of Mississippi affected by Hurricane Katrina.
A Justice Department news release from the Jackson FBI office identifies the man as 54-year-old Dan Doyle, a resident of [...] [...]
MADISON — Fitch Ratings has placed the ratings of Old Republic International Corporation’s (ORI) and its insurance company subsidiaries, including Mississippi Valley Title Insurance Company, on “Rating Watch Negative.”
Fitch reports: “The Rating Watch reflects uncertainty as to ORI’s ability to continue to avoid a covenant breach under its debt obligations in light of ongoing challenges [...] [...]
VICKSBURG — Plans for a transitional shelter for homeless people near the former ParkView Regional Medical Center have been scrapped.
But planners tell the Vicksburg Post they will look for another site.
Owners of the property where the former medical complex sits “weren’t interested in making it available for it anymore,” said Tina Hayward, executive director of [...] [...]
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