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Tag Archives: real estate

Housing preservation grants awarded

AROUND MISSISSIPPI — The U.S. Department of Agriculture (USDA) is providing $9.8 million in grants to repair rural housing and make energy efficiency improvements in 48 states and Puerto Rico. The funds are being awarded through the USDA Rural Development Housing Preservation Grant program. Housing preservation grants ensure that rural single and multi-family housing stocks are adequate, meet current safety ...

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StateStreet Group adds Turnipseed

Amy Turnipseed has joined StateStreet Group as commercial real estate manager. She will oversee leasing and management of commercial properties in the company’s portfolio. Turnipseed began her career as a financial consultant at KPMG, LLP.  Since then, she was a regional manager in Jackson for Parkway Properties Inc. After graduating from Millsaps College with a bachelor of business administration in ...

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SBA extends GO Loans

MISSISSIPPI GULF COAST — The U.S. Small Business Administration (SBA) is extending its Gulf Opportunity Pilot Loan Program (GO Loans) through Sept. 30, 2010. SBA launched the GO Loan Pilot in Nov. 2005 to provide expedited financial assistance to small businesses severely impacted by Hurricanes Katrina and Rita. Under the program, SBA provides 85 percent guarantees (90 percent under American ...

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Bill would extend homebuyer's tax credit

WASHINGTON — Rep. Travis Childers (D-Miss.) and Rep. Frank Kratovil (D-Md.) have introduced legislation designed to help families buy and sell homes and spur growth and stability in the American housing market. The Tax Credit Extension for Homebuyers with a Loss Deduction Incentive Act (H.R. 3640) will extend for one year the $8,000 home-buyer tax credit, expand the credit to ...

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Southeast Medical acquires property

FLOWOOD — Southeast Medical Properties I, LLC, an affiliate of Jackson-based Duckworth Realty, Inc., has purchased the 12,000 -square-foot former Baker Engineering building from Cress Realty Group for an undisclosed amount. The property, located at 2925 Layfair Drive in Flowood, will be renovated as a medical office facility for Jackson-based University Physicians, PLLC. Rick Wood and Jon Van Hoozer with ...

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Conlin added to FNC staff

Stephen D. Conlin has joined FNC Inc. as risk manager. Conlin has more than 38 years of real estate appraisal and collateral risk management experience, including 23 years with Wells Fargo and 15 years with Bank of America. At Wells Fargo, Conlin served as chief appraiser of the financial institution’s commercial appraisal department. His roles at Bank of America included ...

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Ridgway Lane offering new web site

JACKSON — Ridgway Lane and Associates has launched its new website, www.ridgwaylane.com. The site provides current and potential clients with information on the range of services offered by the company, a portal for homeowner association residents to connect with management services as well as a business-to-business portal for vendors. Visitors can browse through the site to connect with a broad ...

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FEMA agrees to extend program

MISSISSIPPI GULF COAST — Following congressional directive authored by U.S. Sen. Thad Cochran (R-Miss.), the Federal Emergency Management Agency (FEMA) approved Mississippi’s application to extend its program to help the few thousand Mississippians who remain displaced by Hurricane Katrina to find new homes. FEMA has approved an eight-month extension, through March 31, 2010, for the Mississippi Disaster Case Management Pilot ...

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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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