Yearly Archives: 2010
HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR MISSISSIPPI STORM VICTIMS
Foreclosure protection offered to displaced families in five counties. WASHINGTON, DC - April 30, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to five counties in Mississippi and provide support to homeowners and low-income renters forced from their homes due to April's severe storms, tornadoes and flooding.
Renewable Solar Technology Company to Locate Manufacturing Facility in Senatobia, Miss.
Senatobia, MS - April 6, 2010 - (RealEstateRama) -- Governor Haley Barbour announced today that Twin Creeks Technologies, a venture-backed solar technology company, is locating a solar panel manufacturing facility in Senatobia, Miss. The production facility will create 512 jobs, in two phases, over the next five years and represents a company investment of more than $175 million
Donated MEMA Cottages Receive Helping Hand From Volunteers
PEARL, MS - April 2, 2010 - (RealEstateRama) -- Instead of soaking up sun rays on a faraway beach, a group of college students from across the country decided to spend their Spring break volunteering for the United Way in Ocean Springs. Armed with paint brushes and rollers, these college students opted for an alternative Spring break by helping put the finishing touches on a 75-unit Mississippi Cottage community called Highland Village on Gibson Rd, just north of U.S. Highway 90. The Mississippi Emergency Management Agency donated the cottages at no cost to Mercy Housing, a non-profit organization that is working with a local contractor, to provide more permanent, affordable housing to residents still trying to recover from Hurricane Katrina.
EastGroup Properties Announces First Quarter 2010 Conference Call and Webcast
Jackson, MS - March 23, 2010 - (RealEstateRama) -- EastGroup Properties (NYSE-EGP) announced today that it will hold its First Quarter Conference Call and Web Cast on Thursday, April 29, 2010 at 11:00 A.M. Eastern Daylight Time. On the call, David Hoster, President and CEO, and Keith McKey, CFO, will review the first quarter results and discuss EastGroup's current operations
MHC to Promote $40,000 Grant for Purchase of Foreclosed Properties
Real Estate professionals, Lenders, Counselors on hand for free information/ advice. Oxford, MS - March 16, 2010 - (RealEstateRama) -- The Mississippi Home Corporation will hold two events to promote its new Home Buyer Advantage (HBA) program that provides grants of up to $40,000 to homebuyers purchasing foreclosed properties in qualifying areas across the state. The first event will be held on Tuesday, March 30 from 4:00 until 7:00 p.m. at the Lafayette County & Oxford Library, 401 Bramlett Blvd. in Oxford. The second event will be held on March 31 at the Tupelo Library on 219 N. Madison St. in Tupelo from 4:00 p.m. until 7:00 p.m. Both events are free and open to the public
EastGroup Properties Announces 121st Consecutive Quarterly Cash Dividend
Jackson, MS - March 5, 2010 - (RealEstateRama) -- EastGroup Properties (NYSE-EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.52 per share payable on March 31, 2010 to shareholders of record of Common Stock on March 19, 2010. This dividend is the 121st consecutive quarterly distribution to EastGroup’s shareholders and represents an annualized dividend rate of $2.08 per share.
MHC to Promote $40,000 Grant for Purchase of Foreclosed Properties
Greenville, MS - February 19, 2010 - (RealEstateRama) -- The Mississippi Home Corporation will hold two events to promote its new Home Buyer Advantage (HBA) program that provides grants of up to $40,000 to homebuyers purchasing foreclosed properties in qualifying areas across the state. The first event will be held on Tuesday, March 2 from 4:00 until 7:00 p.m. at the Greenville Library, 341 Main Street in Greenville. The second event will be held at the Coahoma Community College Workforce Development Center, 510 Sunbelt Drive in Clarksdale from 4:00 p.m. until 7:00 p.m. Both events are free and open to the public
Mississippi Home Corporation to Host Financial Health Workshop
Hattiesburg, MS - February 12, 2010 - (RealEstateRama) -- The Mississippi Home Corporation (MHC) will host a Financial Health Workshop on Thursday, February 25, 2010 at the Jackie Dole Sherrill Community Center, 220 West Front Street in Hattiesburg. MHC will host the free workshop from 4:00 p.m. until 7:00 p.m. The workshop will be particularly helpful for individuals who are worried about losing their home, are having trouble making ends meet, who believe they have a mortgage that is unfair, or simply want to learn how to manage their finance better. Attendees will have the opportunity to meet trained counselors who can review their finances, find other programs that can over assistance, and learn how to avoid financial pitfalls in the future.
EastGroup Properties Acquires Three Building Complex in San Diego for $17 Million
Jackson, MS - January 29, 2010 - (RealEstateRama) -- EastGroup Properties (NYSE-EGP) today announced the acquisition of the Ocean View Corporate Center in San Diego, California for a purchase price of $17,000,000. Located in the Otay Mesa submarket, Ocean View contains 274,000 square feet in three, multi-tenant business distribution industrial buildings. Constructed in 2005, the complex is presently 87% leased to 14 customers. Ocean View is projected to generate an annualized yield of 9.6% at its current occupancy and rents.
MHC Awards $100,000 to Green Building Contest Winners
Jackson, MS - January 15, 2010 - (RealEstateRama) -- The Mississippi Home Corporation (MHC) today announced the three winners of its Growing a Greener Mississippi building competition. Gulf Coast Builders, LLC won the $50,000 and First Place for their affordable green home in Gulfport, MS. Habitat for Humanity Bay Waveland’s entry in Bay St. Louis received Second Place and $30,000 and Village Green Builders, Inc.’s entry in Oxford received Third Place and $20,000. The awards were announced at a luncheon during MHC’s 20th Annual Affordable Housing Conference at the Jackson Convention Complex