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Real Estate & Construction

Housing program funds released

JACKSON — Five non-profit organizations have been awarded Neighborhood Stabilization Program (NSP) grant funds to implement the City of Jackson Housing Program. NSP, established through the Housing and Economic Recovery Act of 2008, offers assistance to communities impacted by escalating foreclosures, home abandonments and other effects of the economy.

 “We were pleased with the level of interest and quality of ...

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Construction backlog falls in South

WASHINGTON — Associated Builders and Contractors (ABC) has released its inaugural Construction Backlog Indicator (CBI), a forward-looking measurement reflecting the amount of work to be performed by contractors in the months ahead. The CBI in the nation’s nonresidential construction industry rebounded in May to 6.3 months, up from 6.2 months in April, but still down by roughly 0.8 months since ...

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FNC using social networking tools

OXFROD — Mortgage technology company FNC Inc. is now utilizing the social networking tools Facebook and Twitter to make information about its real estate collateral management solutions and analytics more easily accessible to potential clients. On FNC’s Facebook page, visitors will find pictures, information about FNC and announcements about the company. Twitter provides FNC followers with up-to-the-minute updates on the ...

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Coast Electric breaks ground

KILN — Coast Electric Power Association has broken ground on the electric cooperative’s headquarters facility in Kiln. The new facility on Highway 603 will allow Coast Electric members to conduct business with the cooperative in a more efficient and convenient manner than the current trailer facilities are able to provide. In 2006, the cooperative sold its headquarters complex to the ...

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Hood: Beware Chinese drywall

JACKSON — Mississippi has received multiple complaints of dangerous imported drywall from China being found in their homes, confirmed Attorney General Jim Hood in hopes of warning more residents of the problem. “Our office has received several complaints on Chinese drywall,” said Hood. “We are investigating these complaints, and encourage other consumers who may be victims to call us. We ...

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Construction material prices rise

WASHINGTON — Prices for construction materials inched up 1 percent in June 2009; however, prices were down 6.1 percent from June 2008. Material prices feeding the increase include prepared asphalt and tar roofing, up 5.6 percent from May and 38.9 percent higher from June 2008. Softwood lumber prices jumped up 1.7 percent in June, but are still down 18.1 percent ...

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City youth participating in program

PASCAGOULA — The City of Pascagoula is once again participating in the Mississippi Department of Transportation’s Urban Youth Corp Program. The Urban Youth Corps Program is a youth employment and training service program, established to: offer meaningful full-time or productive summer work for individuals between the ages of 16 and 25, inclusive, in transportation-related settings; give the participants a mix ...

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Nonprofits get Mississippi Cottages

MISSISSIPPI GULF COAST — Mississippi Gulf Coast residents still in need of permanent housing because their lives were uprooted by Hurricane Katrina will soon have another way to obtain a Mississippi Cottage. The Mississippi Emergency Management Agency (MEMA) recently awarded 558 Mississippi Cottages to four non-profit organizations and the City of Pascagoula under the Mississippi Alternative Housing Program’s cottage donation ...

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PRS expanding in Houston

JACKSON — Parkway Properties Inc. is expanding its wholly-owned subsidiary, Parkway Realty Services, LLC (PRS) in Houston, Texas, and has added commercial leasing veteran Mark Preston to the Houston team of real estate professionals. PRS was founded in 1983 as a real estate service provider to both third-party clients and the investments for Parkway Properties. With the Houston office expansion, ...

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Roy Anderson to host construction program

GULFPORT — Beginning in September, Roy Anderson Corp, the Mississippi Development Authority, the Surety & Fidelity Association of America and the South Mississippi Contract Procurement Center will present the Model Contractor Development Program in Gulfport. The Model Contractor Development Program is designed to teach small construction contractors the good business practices they need to improve their company’s operations, increase their ...

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