Growing a Greener Mississippi

January 31st, 2009

As co-chairman and on behalf of the entire Building Green Works Committee at the Home Builders Association of Jackson I’d like to thank Mississippi Home Corp for their efforts in promoting affordable resource efficient housing in Mississippi. Our HBAJ Green Committee includes builders, associate members, utility companies and government agencies. We’re proud to have them serve on our committee.

As a certified NAHB Verifier I believe this contest will not only promote energy efficient construction, but will offer Mississippi residences affordable homes that help them save water, live more comfortably in cleaner air, save money through lower maintenance cost and will encourage the public to save our planet’s natural resources.

In support of the contest, I would also like to announce that the Jackson Association will host the NAHB Certified Green Professional course (see below) February 17-19 at our office in Ridgeland, MS. The CGP designation recognizes builders, remodelers and other industry professionals who incorporate green building principles into homes— without driving up the cost of construction. The three day class provides a solid background in green building methods, as well as the tools to reach consumers. The class will explain how to accrue points in seven categories: water, energy and resource efficiency; lot and site development; indoor environmental quality; global impact and
homeowner education. The program sets point requirements in each category for the bronze, silver and gold levels. McGraw Hill reports that by 2012 – 20% of new homes built in the US are expected to be HERS rated, performance tested and built green.

The future? There is no doubt, through energy consumption and the living environment, the homes we build today will impact on our children and our grand children. That’s why it’s so important that we focus our efforts on the “science” of building construction.

Building Green is smart.

Building green is affordable.

First, through this contest and then into the future we will all be…Growing a Greener Mississippi. So…from the HBAJ Building Green Works Committee, Thank You!

Mississippi Home Corporation was created by the State in 1989 to serve as the State’s Housing Finance Agency. In that capacity, MHC administers the Mortgage Revenue Bond program and the Housing Tax Credit program, among others. MHC’s mission is to enhance Mississippi’s long-term economic viability by financing safe, decent, affordable housing and helping working families build wealth.

For more information about the NAHB Green Building Program visit NAHB online at www.NAHBGreen.org.

For more information about the contest contact Gary Smith toll free at 1-877… or online at: www.GaryNSmith.net.

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New home sales at slowest rate on record

January 29th, 2009

Sales of new homes plunged to the slowest pace on record last month as the hobbled homebuilding industry posted its worst annual sales results in more than two decades.

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The home you save could be your own

January 28th, 2009

Even a Florida judge thought Luis Molina, who represented himself in a foreclosure case, was an attorney. A growing number of American homeowners in foreclosure are representing themselves as what are called pro se – a Latin phrase meaning “for oneself” — litigants in court proceedings. Msnbc.com’s Mike Stuckey explains why.


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Fed moves to help distressed homeowners

January 28th, 2009

With home foreclosures spiking, the Federal Reserve is taking steps to try to keep some distressed borrowers in their homes.

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Home prices drop by record pace in Nov.

January 27th, 2009

Jan. 26: CNBC discusses implications of the Standard & Poor's/Case-Shiller 20-city housing index tumbling by a record 18.2 percent from November 2007, the largest decline since its inception in 2000. (CNBC)Home prices plunged a record 18.2 percent in November from a year earlier as the country’s housing market remains in the throes of a deep recession.


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Fannie Mae may need another $16 billion in aid

January 27th, 2009

Mortgage finance company Fannie Mae said Monday that it likely needs up to $16 billion from the government as conditions in the U.S. housing market continue to deteriorate.

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Home sales show surprising strength in Dec.

January 26th, 2009

Sales of existing homes posted an unexpected increase last month, closing out the worst year for the U.S. real estate market in more than a decade on a surprising up note.

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Fight building over judges redoing mortgages

January 26th, 2009

Bank repo, foreclosure and for sale signs sit outside a home in Houston, Jan. 20. Congressional Democrats say the quickest way to save homeowners is to let them declare bankruptcy and allow judges to dictate new mortgage terms.Most congressional Democrats say the quickest way to save homeowners like Troy Butler of Saginaw, Mich., is to let them declare bankruptcy and allow judges to dictate new mortgage terms.


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Green Building Contest is Growing a Greener Mississippi

January 25th, 2009

At 11:00 a.m. on January 29th 2009 at the Beau Rivage Conference Center in Biloxi, Mississippi, Mississippi Home Corporation will announce the “Growing a Greener Mississippi” green building competition designed to spur affordable green building throughout the Magnolia State.

The first of it’s kind in the nation, the contest is based on the National Association of Home Builders Green Building Guidelines. The NAHB Green Program is a third party verified system designed to help builders construct healthier and more cost efficient housing nation wide. The program is a points based system offering homes in three categories, Bronze, Silver and Gold.

As the first certified verifier for Mississippi I will be attending the conference and will be present afterwards to answer questions pertaining to competition details and to help describe the program in more detail.

Mississippi Home Corporation was created by the State in 1989 to serve as the State’s Housing Finance Agency. In that capacity, MHC administers the Mortgage Revenue Bond program and the Housing Tax Credit program, among others. MHC’s mission is to enhance Mississippi’s long-term economic viability by financing safe, decent, affordable housing and helping working families build wealth.

For more information about the NAHB Green Building Program visit NAHB online at www.NAHBGreen.org.

For more information about the contest contact Gary Smith toll free at 1-877-809-6139 or online at: www.GaryNSmith.net.

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New home construction at record low

January 22nd, 2009

Jan. 22: New U.S. housing starts and permits fell to a record low in December. CNBC's Diana Olick reports.  (MSNBC)New-home construction plunged to an all-time low in December, capping the worst year for builders on records dating back to 1959.


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