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Tag Archives: tax credits

MHC awards $8M in Housing Tax Credits

ACROSS MISSISSIPPI — The Mississippi Home Corporation (MHC) has awarded over $8 million in Housing Tax Credits (HTC) to developers for the construction and rehabilitation of 589 units statewide. The MHC said the developments will create over 500 jobs, which will provide $12.89 million in constructions wages and produce $67.78 million in related spending in their communities. Housing tax credits ...

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Home sales increase in the South

Home sales in the South rose nearly 8 percent in February, as federal tax credits and bargain prices enticed buyers. Last month, 113,000 homes were sold in the region, but the median sales price dipped 4 percent from a year ago to $139,600, the National Association of Realtors said yesterday. Sellers cut asking prices to compete with low-priced foreclosures that ...

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Saints suing former teammate over investment

NEW ORLEANS — Former New Orleans Saints player Charles Grant and current player Jeremy Shockey have filed suit against ex-teammate Kevin Houser over hundreds of thousands of dollars they said they paid for state movie tax credits that never materialized. State officials have said the credits were never applied for by the CEO of the defunct Louisiana Film Studios LLC. ...

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BlueFire asking for tax credit

FULTON — On March 3, Arnold Klann of BlueFire Ethanol and a consortium of 31 other advanced biofuel producers signed a letter to U.S. congressional leaders urging the implementation of a 30 percent investment tax credit (ITC) for advanced biorefineries. They believe the ITC is needed to jumpstart the industry which must meet looming federal mandates for renewable fuels. Their ...

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