HUD ANNOUNCES DISASTER ASSISTANCE FOR ARKANSAS TORNADO VICTIMS

WASHINGTON - U.S. Housing and Urban Development Secretary Alphonso Jackson today announced HUD will speed federal disaster assistance to ten tornado-ravaged counties in Arkansas and provide support to homeowners and low-income renters forced from their homes following severe storms, high winds and flooding. This assistance includes foreclosure relief for families whose homes are insured through HUD's Federal Housing Administration (FHA)

Governor Beebe Encourages Effort To Increase Low Income Energy Assistance Funding

Thursday, Jan 24, 2008 - LITTLE ROCK – Governor Beebe today joined with community leaders and energy officials in calling for additional funding for the federal Low Income Home Energy Assistance Program, also known as LIHEAP. Next week, advocates for low-income assistance will converge on Washington, DC, encouraging Congress to increase LIHEAP funding by $800 million to help elderly, disabled and low-income Americans offset increasing energy costs.

Data: U.S. Rep. Snyder Can Act to Save 519 Homes in Congressional District From...

Estimate of Number of Homeowners Who Could Save Home Based on Publicly Available Data from Center for Responsible Lending; Rep. Snyder Urged to Support Pending Bills to Eliminate Unfairness in Mortgage Foreclosure Process

Citizens oppose new development of Midway area

The Baxter County Quorum Court heard some appeals from the Baxter County Planning Commission and heard speakers supporting a land use management ordinance which will be considered at the December meeting.

Save Your Money, Claim Your Property

LITTLE ROCK – Each year millions of dollars in unclaimed property—un-cashed checks, bank accounts, utility deposits, and stock certificates—are turned over to the State by companies who cannot locate the owners.

Tax deadline is Wednesday

Taxpayers have six more days to pay their 2007 real estate and personal property taxes if they want to avoid a 10 percent late fee. The deadline for paying property taxes is Wednesday.

Housing is growing steadily in Winfield

Housing construction in Winfield has been strong in the past 10 years and is still moving at a good pace, Winfield City Manager Warren Porter said this week. Through Sept. 19, 2007, permits for 16 homes and 20 apartment units had been issued by the city this year, Porter told the Winfield Rotary Club Wednesday. A total of 40 units were constructed last year.

The Shale Play: Its Effects on Property Taxes

State and local taxes are not collected in vacuums. Each affects the other, and their interaction performs a major role in the delivery of governmental services. The state of Arkansas relies on the proverbial three-legged stool of taxation: At the state level we collect income and sales and use taxes; local government is the domain of property taxes.

Arkansas Ranked 17th in Foreclosures

Arkansas is ranked 17th among U.S. states in foreclosures, according to a report released Friday by Bargain Network, an online provider of real estate foreclosures.

Residential Building Permits Drop 56 Percent in 2Q

The number of residential building permits issued in Northwest Arkansas during the second quarter of 2007 decreased by 56 percent from the second quarter 2006, according to the Arvest Bank Skyline Report.

Housing sector improving

Housing demand remains strong in Northwest Arkansas while builders are scaling back on new construction, a combination that shows improvement in the residential market oversupply stated by the Skyline Report in previous quarters.

Things Home Buyers Should Know

Arkansas - A Van Buren County man on the losing end of a lawsuit warns that if the decision stands all Arkansas home buyers risk being on the losing end with him. At the center of the disagreement is the disclosure form filled out by most home sellers and how honest their answers have to be.

Developers Embroiled in Lawsuits with Lenders

Less than 18 months ago real estate was the hottest game in town as new bank branches sprouted all over Northwest Arkansas and loan officers raced to embrace developers with open arms.

Grant to help CDC build assisted-living center in FC

The St. Francis County Community Development Corporation has received a grant from the Arkansas Economic Development Commission to help in the construction of an...

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Couple Sent to Prison for Scheme to Steal HUD Funds Intended...

Patrick C. Harris, Acting United States Attorney for the Eastern District of Arkansas, Tracey D. Montaño, Special Agent in Charge, Internal Revenue Service (IRS) Criminal Investigation Division, and Phyllis G. Robinson, Special Agent in Charge, U.S. Department of Housing and Urban Development (HUD)—Office of Inspector General, announced today that Chief United States District Judge Brian S. Miller sentenced Rhonda Williams, 50, and her husband, Gary Williams, 59, both of Des Arc, Arkansas, to prison for their role in a scheme to steal money intended for use by the Cotton Plant Housing Authority