WASHINGTON - Drawing on more than three decades of experience in the real estate industry, U.S. Sen. Johnny Isakson, R-Ga., introduced legislation Wednesday to provide a $15,000 tax credit spread out over three tax years for anyone purchasing a new home, a foreclosed home or a home where foreclosure is pending. Isakson said he believes such a tax credit would provide an immediate boost to the housing market and to the nation's economy, just as a similar tax credit did in the mid-1970s.
Beginning this month, if you bring in your paperwork listed below and you file your application on Tuesday or Thursday, you may have same day approval of your case (does not include ABD Medicaid or childcare).
Landing EFACEC did more than get the Effingham Industrial Development Authority national and global attention. It also appears the Portuguese outfit's decision to come to Effingham has drawn the eye of other industries.
U.S. Rep. John Barrow (D-Savannah) will host a mortgage and foreclosure assistance workshop on Friday at the Savannah Morning News Auditorium, located at 1375 Chatham Parkway, between I-16 and Ogeechee Road. The event will run from 5:30-7:30 p.m. Barrow will be joined by Georgia Senior Assistant Attorney General David S. McLaughlin.
After a year-long search, the Coastal Georgia Regional Development Center Board of Directors announced they have named Allen A. Burns III as the new executive director of the CGRDC at their Jan. 9 board meeting.