Yearly Archives: 2009

Jackson, MS - December 9, 2009 - (RealEstateRama) -- EastGroup Properties (NYSE-EGP) announced today that it is scheduled to present at the Wells Fargo 13th Annual Global Real Estate Securities Conference. EastGroup's presentation is scheduled for Wednesday, December 9, 2009 at 9:05 a.m., EST. The presentation will be live via web cast and is accessible at http://www.wsw.com/webcast/wa58/egp/ the day of the conference and will be archived at the same URL for 90 days.

Jackson, MS - December 3, 2009 - (RealEstateRama) -- EastGroup Properties (NYSE-EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.52 per share payable on December 31, 2009 to shareholders of record of Common Stock on December 18, 2009. This dividend is the 120th consecutive quarterly distribution to EastGroup's shareholders and represents an annualized dividend rate of $2.08 per share.

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

Jackson, MS - November 23, 2009 - (RealEstateRama) -- Friends and family start arriving, everyone happy and thankful to visit and get re-acquainted, and in the commotion of children playing and reminiscing you forget about that pan cooking on the stove or the turkey roasting in the oven. Suddenly, what should be a time for a family celebration becomes a family emergency when a cooking fire breaks out.

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

Jackson, MS - November 9, 2009 - (RealEstateRama) -- The Mississippi Insurance Department (MID) reminds everyone that preparation in advance of a storm can help save lives and property and can prevent unpleasant insurance surprises should Hurricane Ida take aim at the state.

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.

Jackson, MS - October 16, 2009 - (RealEstateRama) -- With temperatures in Mississippi forecasted to fall into the 30’s and 40’s this week, Commissioner of Insurance and State Fire Marshal Mike Chaney urges the public to be mindful of the fire risks associated with home heating.

BOLTON, MS - October 1, 2009 - (RealEstateRama) -- Today, United States Representative Bennie G. Thompson (D-MS) announced that the United States Department of Housing and Urban Development will provide Economic Development Initiative Special Project funds to the County in the amount of $902,500.00

Developer Aims to Create Jobs with Unique Gulf Coast Facility. LONG BEACH, MS - September 29, 2009 - (RealEstateRama) -- The Long Beach Call Center (www.longbeachcallcenter.com) – a 19,044-square-foot “plug-n-play” call center and office complex ProVisions, LLC is offering for sale or lease – presents unusually promising news for a state whose unemployment recently reached 10.5 percent. With state-of-the-art capabilities and strategic location on the Gulf Coast, the Long Beach Call Center has the potential to become a workplace for professionals with a predicted increase in job opportunities. According to the Bureau of Labor Statistics, employment for customer service representatives is projected to increase by 21 percent or more between 2006 and 2016, especially for those working in call centers

Jackson, MS - September 28, 2009 - (RealEstateRama) -- EastGroup Properties (NYSE-EGP) announced today that it will hold its Third Quarter Conference Call and webcast on Thursday, October 29, 2009 at 11:00 A.M. Eastern Daylight Time. On the call, David Hoster, President and CEO, and Keith McKey, CFO, will review the third quarter results and discuss EastGroup’s current operations.

Grants up to $40,000 to Help Purchase Foreclosed Properties. Jackson, MS - September 18, 2009 - (RealEstateRama) -- The Mississippi Home Corporation (MHC) is now taking reservations under its new Home Buyer Advantage grant program. The program will provide grants of up to $40,000 to qualified home buyers who purchase foreclosed properties in any of the 48 eligible communities across Mississippi. Unlike most of MHC’s other programs, the Home Buyer Advantage program does not require applicants to be first-time home buyers. The program limits applicants to those who earn 120% of the Area Median Income or below.

JACKSON, MS - September 11, 2009 - (RealEstateRama) -- United States Attorney Stan Harris, Federal Bureau of Investigation Acting Special Agent in Charge Stephen F. Gomez, Federal Deposit Insurance Corporation - Office of Inspector General Special Agent in Charge Thomas C. McDade, and Madison/Rankin County District Attorney Michael Guest announced today that a federal grand jury has returned a six count indictment against Earline Y. Rawls in connection with a fraudulent mortgage loan scheme. The indictment charges Rawls with one count of conspiracy to commit bank fraud and six counts of bank fraud.

Jackson, MS - September 8, 2009 - (RealEstateRama) -- EastGroup Properties (NYSE-EGP) announced today that it is scheduled to present at the BMO Capital Markets North American Real Estate Conference. EastGroup's presentation is scheduled for Thursday, September 10, 2009 at 4:30 p.m., CDT. The presentation will be live via web cast and is accessible at the day of the conference

First Issue of 2009 Reflects Easing Credit Environment. Jackson, MS - August 19, 2009 - (RealEstateRama) -- The Mississippi Home Corporation (MHC) has opened the reservation lines for its $25 million 2009A bond issue, and funds are available to qualified applicants through participating lenders.