Thursday, August 30, 2007

The Federal Government Is Fulfilling Its Commitment To Help The People Of The Gulf Coast Rebuild

President And Mrs. Bush Are Visiting Louisiana And Mississippi To Review These States’ Progress In Rebuilding From The Unprecedented Devastation Of Hurricane Katrina. The Federal Government Has Provided More Than $114 Billion In Resources – $127 Billion Including Tax Relief – To The Gulf Region.

Over The Past Year, $24 Billion In Federal Funds Have Been Spent To Rebuild The Gulf States And To Further Assist Hurricane Victims. Federal dollars have been used to build houses and schools, repair damaged infrastructure, and provide victims with a place to live and other essential assistance as the region continues to get back on its feet. More >

Tuesday, August 21, 2007

Construction in Biloxi "Go Zone" Tops $700M mark

Biloxi's Community Development Department has announced that Biloxi has issued more than $700 million in permits for construction in the 23½ months since Hurricane Katrina, and nearly three-quarters of the work has been non-casino and non-condominium work.

Recent economic studies show that the Mississippi Gulf Coast area is recovering. Statewide, gross state product and employment have surpassed pre-Katrina levels and a reconstruction boom is anticipated for the next five years. Post Katrina employment growth in the state more than offset the jobs that were lost due to Katrina. More >

Tuesday, August 14, 2007

Mississippi is the Fastest Growing Economy in the US

The Gulf Opportunity Zone — or “GO Zone” — Act, was signed into law on December 21, 2005. The Go Zone act contains significant economic incentives for investors to accelerate rebuilding the Gulf Coast and to attract new investments to the affected areas. One can clearly see the positive results of the GO Zone Act along the Mississippi Gulf Coast - it's the fastest growing economy in the US.

There has been considerable progress in Mississippi yet there is much rebuilding to be done. The Governor has recently stated that there is a need for 100,000 homes to be built within the next year and others predict that there is a growing need for as many as 300,000 additional homes in the next 3-5 years due to the economic boom going on in this area. More >

Monday, August 13, 2007

Lumberton Sees Changes

Lumberton Mayor Aaron Lott has posed a challenge to Pine Belt residents: If you haven't come to Lumberton lately, you need to get in your car and drive.

The landscape of Lumberton has changed at a rapid rate in recent months, as the city welcomed in three major manufacturing plants and has continued efforts to improve the look of its Hurricane Katrina-damaged downtown. And Lumberton's selling point? The same as other cities in 42 of Mississippi's counties, Lott said: The Gulf Opportunity Zone Act. More >