Laws & Taxes

Laws & Taxes

Justice Department Settles Lawsuit Alleging Disability Discrimination in Housing by the City of Petal,...

The Justice Department today announced an agreement with the city of Petal, Mississippi, to resolve allegations of discrimination against persons with intellectual disabilities who sought to live in supported housing in one of the city’s residential neighborhoods.

Mississippi Home Corporation awards $8.7 million in Housing Tax Credits

The Mississippi Home Corporation (MHC) awarded approximately $8.7 million of Housing Tax Credits to developments across the State. Financing provided by the sale of the tax credits to investors will help developers build or rehabilitate 959 units in 11 different Mississippi counties. A total of 20 developments statewide are expected to create almost 50 construction jobs and generate $17.9 million in construction wages. A full list of the 2013 awards is available at MHC’s website

Wicker Fights to Protect Taxpayers in Federal Housing Bill

U.S. Senator Roger Wicker (R-Miss.) is spearheading efforts to guarantee federal housing funding is going to the most vulnerable Americans while calling for new accountability and transparency grant standards to ensure the most efficient use of taxpayer dollars. To achieve those goals, Wicker offered two amendments to the “Transportation, Housing and Urban Development Appropriations Act,” S. 1243

Mississippi Home Corporation Awards over $8 Million in Housing Tax Credits

Jackson, MS—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 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

Congressman Childers Announces Homebuyer Tax Credit Extension to Take Effect Today

Washington, DC - December 1, 2009 - (RealEstateRama) -- Beginning today, Mississippi homebuyers will be able to take advantage of the $8,000 homebuyer tax credit for an additional three months, Congressman Travis Childers (MS-01) announced. Childers has led the effort in the House of Representatives to extend the credit, introducing legislation in September to make the credit available for an additional year and expand it to all owners of a principle residence

Wicker & Cochran Introduce Bill to Extend Important Gulf Coast Rebuilding Tax Incentive

WASHINGTON, DC - November 10, 2009 - (RealEstateRama) -- A key tax incentive designed to spur rebuilding efforts in the areas hardest hit by Hurricane Katrina would be extended for two years by legislation introduced today by U.S. Senators Roger Wicker and Thad Cochran

COCHRAN SUPPORTS UNEMPLOYMENT BENEFITS EXTENSIO

WASHINGTON, D.C. - November 5, 2009 - (RealEstateRama) -- U.S. Senator Thad Cochran (R-Miss.) today voted for Senate passage of legislation that will allow the state of Mississippi to offer an additional 20 weeks of unemployment benefits to jobless workers.

Mississippi Home Corporation Awards $4.6 Million in Housing Tax Credits

Developments Statewide Will Provide Affordable Rental Housing Jackson, MS—The Mississippi Home Corporation (MHC) announced today that it has awarded approximately $4.6 million of Housing Tax...

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Lawmakers may revise mortgage laws in state

 JACKSON -Lawmakers will be asked to revise Mississippi's mortgage laws in the wake of a subprime lending crisis that is leading to a record...

City, county budgets set; no tax changes

Property taxes, except where higher valuations have been assigned, will remain level in the coming year under spending plans adopted separately by Vicksburg and...

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COMMITTEE APPROVES MEDGAR EVERS HOME LEGISLATION

The Senate Energy and Natural Resources Committee this morning approved legislation sponsored by U.S. Senators Thad Cochran (R-Miss.) and Roger Wicker (R-Miss.) to authorize a study on designating the home of slain civil rights leader Medgar Evers as a National Park Service unit.

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Take Charge of Your Recovery: Tips to Speed Disaster Assistance

While Mississippi survivors could not stop the January 20-21 severe storms and tornadoes from hammering Forrest, Lamar, Perry and Lauderdale counties, there is plenty those with losses can do – with the help of state and federal disaster assistance – to speed their personal recovery