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Tag Archives: real estate

City strengthens building code grading

PASCAGOULA — The City of Pascagoula recently lowered its building code effectiveness grading (BCEGS) from a 6/6 to a 4/4. Communities are graded on a scale of 1 to 10 with 1 being complete compliance. The lower rating is an improvement and results in lower insured losses and improved insurance rates for commercial and residential properties, the city said. This ...

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New Katrina recovery program established

MISSISSIPPI GULF COAST — Gov. Haley Barbour has unveiled a new Hurricane Katrina recovery housing initiative targeted specifically at rehabilitating rental structures in existing neighborhoods south of Interstate 10. “With more than 70 percent of our $5.4-billion federally funded Katrina recovery package budgeted toward restoring housing stock, we’re seeing the Coast’s overall housing availability requirements being rapidly met, particularly as ...

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HUD approves state's CDBG-R program

The U.S. Department of Housing and Urban Development (HUD) has approved the State of Mississippi’s plan to administer the Community Development Block Grant-Recovery (CDBG-R) Program, which is funded through the American Recovery and Reinvestment Act of 2009. Approximately $8 million has been allocated to the state to implement the program.

 “The Community Development Block Grant-Recovery Program will promote economic recovery ...

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EastGroup buys facilities

JACKSON — EastGroup Properties has acquired three business distribution buildings containing 227,000 square feet in Dallas for a combined purchase price of $6.675 million. The buildings, which will be renamed Interstate Distribution Center V, VI and VII, are located in the city’s close-in northwest submarket along the Stemmons Freeway. They were constructed in 1979-81 and are presently 87 percent occupied ...

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Housing report wins award

The Southern Mississippi Planning and Development District has received a 2009 Innovation Award from the National Association of Development Organizations for the Mississippi Housing Recovery Data Project. The district contracted with the Compass Group, LLC, to assess housing needs after Hurricane Katrina. The data collected is used to develop housing policy and direct state and federal funds to housing programs. ...

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Davis joins Ann Prewitt Realty

Jill Marascalco Davis has joined Prudential Ann Prewitt Realty, as a new sales associate. Davis plans to concentrate her sales efforts in the Jackson metro area as well as becoming the relocation specialist in the Vicksburg market.  She was a member of the elite  Presidents Council within the Nextel Company in Orlando, Fla., after winning that prestigious award eight times ...

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