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Washington, DC - June 9, 2009 - (RealEstateRama) — Congressman Travis Childers (D-MS) announced that the Federal Housing Administration (FHA) will now allow homebuyers to apply the American Recovery and Reinvestment Act's $8,000 first-time homebuyer tax credit toward the purchase costs of a FHA-insured home. This will help stabilize North Mississippi's and the nation's housing market by stimulating home sales across the country.

Jackson, MS - June 02, 2009 - (RealEstateRama) — EastGroup Properties (NYSE-EGP) today announced the acquisition of the Arville Distribution Center in Las Vegas, Nevada for a purchase price of $11,050,000. Arville, which was constructed in 1997, is a two building, business distribution complex containing 142,000 square feet and is located in the close-in southwest submarket of the city. It is 77% leased to eight customers and is projected to generate an annualized 8.2% yield at its current occupancy.

Washington, DC - May 22, 2009 - (RealEstateRama) — Congressman Travis Childers (D-MS) joined colleagues on both sides of the aisle last night in voting for legislation to strengthen federal law enforcement agencies' ability to fight financial fraud, protect taxpayer money, and help prevent another economic crisis. The bill now heads to the President's desk for his signature.

WASHINGTON, DC - May 14, 2009 - (RealEstateRama) — U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to 10 storm-ravaged counties in Mississippi and provide support to homeowners and low-income renters forced from their homes following severe storms, flooding, and tornadoes in March.

GULFPORT, MS - May 5, 2009 - (RealEstateRama) — Today Gulfport resident Ralph Bougrand, 82, is the first person to purchase the Mississippi Cottage he received after Hurricane Katrina. The opportunity for Bougrand to own his cottage marks a significant step in post-Katrina recovery efforts and in converting temporary disaster housing into permanent homes along the Mississippi Gulf Coast

PEARL, MS - March 17, 2009 - (RealEstateRama) — Students at the new D’Iberville High School are safer every day thanks in part to Hazard Mitigation Grant funding provided by FEMA and administered by the Mississippi Emergency Management Agency.

The Baldwyn Business Center www.baldwynbusinesscenter.com - unique for its warehouse, manufacturing and distribution capabilities, as well as its proximity to furniture, automotive, steel and consumer product firms in Northeast Mississippi - has completed substantial renovations a year following its acquisition by ProVisions, LLC.

Jackson, MS - March 02, 2009 - (RealEstateRama) — EastGroup Properties (NYSE-EGP)announced today that it is scheduled to present at the Citi 2009 Global Property CEO Conference. EastGroup's presentation is scheduled for Monday, March 2, 2009 at 3:55 p.m., EST

Biloxi, MS - January 30, 2009 - (RealEstateRama) —The Mississippi Home Corporation (MHC) today announced its new Growing a Greener Mississippi competition which will offer builders/developers statewide the opportunity to compete for $100,000 in prize money.

BILOXI, MS - January 23, 2009 - (RealEstateRama) — Federal officials have stepped up efforts to help Mississippi families continue their recovery and transition to permanent housing following Hurricane Katrina.

January 23, 2009 - (RealEstateRama) — MHC to Hold Press Conference Announcing Green Building Competition

Jackson, MS - January 09, 2009 - (RealEstateRama) — EastGroup Properties (NYSE-EGP) announced today that it will hold its Fourth Quarter Conference Call and Web Cast on Thursday, February 12, 2009 at 11:00 A.M. Eastern Time.

WASHINGTON, D.C. - January 08, 2009 - (RealEstateRama) — The U.S. Department of Housing and Urban Development announced today that it has charged the Mississippi Regional Housing Authority, No. VIII (MRHA), of Gulfport, Sun Belt Management Company, Inc., and Oakridge Park Apartments, Ltd., in Biloxi, with denying a disabled resident an available first-floor apartment, in violation of the federal Fair Housing Act

ATLANTA, GA - January 05, 2009 - (RealEstateRama) — The Federal Emergency Management Agency (FEMA) has approved a $2.5 million award to help the city of Waveland, Miss., recover from Hurricane Gustav.

Jackson, MS - December 18, 2008 - (RealEstateRama) — The Mississippi Development Authority (MDA) recently awarded over $166,000 to not-for-profit economic development organizations in...