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Tag Archives: housing

BILL CRAWFORD — Senior housing among growing needs for affordable housing

So, my conservative friends, what is the ideological difference between a tax subsidy for the wealthy and a financial subsidy for the poor? We hear concerns from some conservatives about corporate welfare where the tax code benefits select corporate interests, but not so much about tax code welfare for the wealthy. My question arises from a study by the Center ...

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Health and safety conditions worsen in US-subsidized housing

In this city known for pre-Civil War mansions, a young mother shared a government-funded apartment with her three small children and a legion of cockroaches. They lurked in the medicine cabinet, under the refrigerator, behind a picture on the wall. The mother nudged a bedroom dresser and more roaches skittered away as her 2-year-old son stomped on them. It was ...

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Central Mississippi a seller’s market for houses

By JACK WEATHERLY Central Mississippi continues to be a seller’s market for homes, with the median sales price rising 6.5 percent in July compared with a year earlier. The midpoint price of a house sold in that period rose to $189,000 from $177,500, according to the Central Mississippi Multiple Listing System. Also, days on the market were down 23.8 percent ...

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STATE OF US HOUSING — Goal of owning home still strong, and 8 other housing trends

Americans still want to own homes — if they can afford to. That’s the finding of a report being released Wednesday by the Harvard University Joint Center for Housing Studies. The pressures of student debt, rising rents and the leftover wreckage from the nearly decade-old housing bust have restrained people’s ability to buy, even though the dream remains alive. The ...

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Center for Justice suit claims Ridgeland seeks to cleanse SE Ridgeland of minorities

By TED CARTER The Mississippi Center for Justice, a public interest law organization, has added a 38-page lawsuit to a stack of suits against the City of Ridgeland over a 2014 zoning ordinance that targets multi-family rental complexes. Joined by multi-state private law firm Venable LLP, the Center filed suit Friday in federal court in Jackson alleging that Ridgeland violated the ...

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Redevelopment underway in Delta of low-income housing

YAZOO CITY — Construction has begun on the redevelopment of Magnolia Crossing, an 86-unit housing development of single-family homes and duplexes for low-income families in Yazoo City. The Federal Home Loan Bank of Dallas (FHLB Dallas) and Bank of Yazoo provided Magnolia Crossing a $460,000 Affordable Housing Program (AHP) grant to assist with the renovations. Each year, FHLB Dallas returns ...

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Court ruling on Section 42 leaves taxpayers on hook for tax repayments

JACKSON — While some 14 Mississippi counties owe Section 42 housing developers millions in over-charged taxes, Hinds County’s taxpayers are not exposed to such refunds as the tax assessor has levied assessments according to the state law. Tax Assessor Charles Stokes said Hinds County taxpayers can rest assured his office has calculated property taxes appropriately. “It’s the law and we ...

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Report: State ranks third in U.S. in negative-equity homes

IRVINE, Calif — CoreLogic has released new analysis showing more than 300,000 homes returned to positive equity in the first quarter of 2014, bringing the total number of mortgaged residential properties with equity to more than 43 million. The CoreLogic analysis indicates that approximately 6.3 million homes, or 12.7 percent of all residential properties with a mortgage, were still in ...

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Ex-Delta housing authority leader's conviction upheld

GREENVILLE — A federal appeals court has upheld the conviction of a former executive director of the South Delta Regional Housing Authority and her 32-month prison sentence. The ruling was issued yesterday by a three-judge panel of the 5th U.S. Circuit Court of Appeals in New Orleans. Ann Jefferson was convicted in 2012 in federal court in Aberdeen of embezzlement, ...

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