Mississippi House Approves $250M in GOs for Katrina Relief

Sigo, Shelly
February 2006
Bond Buyer;2/17/2006, Vol. 355 Issue 32322, p40
Trade Publication
The article focuses on the bill passed by the Mississippi House which authorizes the issuance of 250 million dollar in general obligation bonds. The bonds are intended to provide interest-free loans to homeowners who are affected from Hurricane Katrina. Homeowners benefited from the loans are in Hancock, Harrison, Jackson and Pearl River counties.


Related Articles

  • Thousands of homeowners face mortgage flashpoint. Slawsky, Richard // New Orleans CityBusiness (1994 to 2008);12/12/2005, Vol. 26 Issue 23, p9 

    The article reports that several New Orleans, Louisiana area residents will face a difficult decision when the forbearance period that mortgage company offered following Hurricane Katrina will end in the next 30 to 90 days. Lawmakers and lenders are collaborating to head off a possible mass...

  • Veiled Bush misgivings conceal any true Baker Bill problems. O'Connor, Terry // New Orleans CityBusiness (1994 to 2008);1/16/2006, Vol. 26 Issue 28, p13 

    The article comments on the Baker Bill, which offers Louisiana homeowners 60% of pre-Katrina equity for their damaged property in 2006. Key issues discussed include the key stipulations of the bill and the Bush administration's veiled misgivings that conceal policy and budgetary concerns...

  • Weathering The Storm. Chapman, Parke M. // National Real Estate Investor;Dec2005, Vol. 47 Issue 12, p34 

    The article discusses the recovery of the commercial mortgage-backed securities (CMBS) after the Hurricane Katrina. The strengths and weaknesses of the CMBS is exposed by the recent Hurricane Katrina. The industry has become quite adept at minimizing the risk to bond buyers by shying away from...

  • As disaster loans lag, SBA offers express program.  // Buffalo Law Journal;11/24/2005, Vol. 77 Issue 94, p4 

    The article focuses on a program launched by the Small Business Administration to get working capital quickly into the hands of small businesses in the Gulf Coast that have been affected by Hurricane Katrina. The new program's quick turnaround stands in sharp contrast to the long waits facing...

  • Go Zone Act a Lifeline for Buyers in Katrina's Aftermath. McConnell, Alison L. // Bond Buyer;8/28/2006, Vol. 357 Issue 32454, p37 

    The article discusses the Gulf Opportunity Zone Act, a bond provision concerning the devastation of Hurricane Katrina in the U.S. Federal lawmakers easily established the said act also called as GO Zone bonds which promote the private-activity bond volume gaps in the states of Alabama,...

  • REAL ESTATE: THE CLOCK IS TICKING. Filisko, G. M. // ABA Journal;Feb2006, Vol. 92 Issue 2, p50 

    This article reports on the problems in mortgage payments faced by homeowners whose dwellings were destroyed by Hurricane Katrina in August 2005, despite the fact that moratoriums are given to them. In some cases, mortgage payments are kicking in again while homeowners still are haggling with...

  • Katrina Renewal Gets Underway. Collins, Brian // Mortgage Servicing News;Mar2007, Vol. 11 Issue 2, p1 

    The article reports on the Louisiana Road Home program, which is designed for the victims of hurricanes Katrina and Rita who want to rebuild and repair their dwellings in the U.S. The mortgage loan servicers who exercise forbearance to homeowners who are delinquent are expected to benefit from...

  • Gulf Coast gaming looks to the future after two storms. Green, Marian // International Gaming & Wagering;Nov2005, Vol. 26 Issue 11, p1 

    Reports on a bill that allows Mississippi Gulf Coast resorts to rebuild casinos on dry land after being damaged by Hurricane Katrina, signed by Governor Haley Barbour on October 17, 2005. Benefits of the legislation; Background on the damages caused by Hurricane Katrina; Amount committed by the...

  • House Proposes Louisiana Recovery Corporation. Collins, Brian // National Mortgage News;12/19/2005, Vol. 30 Issue 12, p2 

    This article reports that the House Financial Services Committee has approved the Louisiana Recovery Corp. bill to create a new government agency to finance and oversee the rebuilding of New Orleans and other areas of Louisiana devastated by Hurricane Katrina. The committee approved the bill by...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics