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Federal government will review Hattiesburg HUD program at mayor’s request

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Hattiesburg Mayor Toby Barker shared a story of a challenge he faced and how he overcame it, encouraging Forrest County Juvenile Drug Court graduates to write their own stories of overcoming drugs. Lici Beveridge/Hattiesburg American

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The federal government will conduct a review of one of the city of Hattiesburg’s Housing and Urban Development programs after Mayor Toby Barker requested the examination.

The U.S. Department of Housing and Urban Development notified the city Feb. 5 that it is initiating a survey review of the HOME Investment Partnerships Program after a referral from HUD’s Community Planning and Development Field Office in Jackson. That referral was made based on Barker’s request.

The HOME program helps provide decent, affordable housing, especially for low-income families.

In an October letter to the HUD Jackson field office, Barker asked for a “thorough analysis of all program areas,” for two areas — the HOME program and the Community Development Block Grants program.

“We would like to work collaboratively with HUD to identify any programmatic deficiencies — to locate and correct them promptly, yet comprehensively, in order to ensure the programs are effective as they can be within what regulations allow,” he wrote.

HUD had already looked at overall management of the HOME program during a monitoring review in late August. Monitoring is conducted periodically to ensure compliance with HUD policies.

At that same time, HUD also looked at the city’s financial management of Community Development Block Grants. It later issued a report, outlining nine findings and two concerns, most of which the city’s Urban Development Director Andrew Ellard said were “simple fixes.”

The one finding that was an issue was the city’s lack of an audit for 2015 and 2016. The city received the final 2015 audit in early December and was getting started on the 2016 audit.

In addition, in 2016, two men were indicted for misusing HUD funds. Artie Shaw of Picayune pleaded guilty to his role in the scheme. Prominent Hattiesburg pastor Kenneth Fairley recently had two counts of theft of government money overturned. The 5th Circuit Court of Appeals remanded a conspiracy conviction to the U.S. District Court Mississippi Southern District to determine whether Fairley’s sentence should be changed in light of the vacated convictions.

In his letter, Barker said, given the recent history of the programs and several staffing changes, he believed the analysis would be beneficial.

“We understand a comprehensive review of all programs is not a small task, but it is important to the City of Hattiesburg to ensure that we are administering these programs as they are intended,” he wrote.

The review of the HOME program will begin Tuesday and is expected to take six to eight weeks.

The city has been asked to provide organizational charts and job descriptions of HOME program employees, HUD program audits and monitoring reports, internal reviews and program audits, annual city audited financial statements and other relevant documents and financial records.

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Toronto Exchanges Stock Review, Pure Industrial Real Estate Trust, Artis REIT, NorthWest Healthcare Properties Real Estate Investment, and Dream Office REIT

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LONDON, UK / ACCESSWIRE / January 22, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges’ equities from the REITs industry: Pure Industrial Real Estate Trust, Artis REIT, NorthWest Healthcare Properties Real Estate Investment, and Dream Office REIT. Access our complimentary up-to-the-minute research reports by becoming an online member now:

www.active-investors.com/registration-sg

The S&P/TSX Composite Index progressed 68.99 points, or 0.42%, to close Friday’s trading session at 16,353.46. The TSX Venture Exchange gained 3.65 points, or 0.42%, to finish at 880.44.

Today’s stocks of interest consist of: Pure Industrial Real Estate Trust (TSX: AAR-UN), Artis Real Estate Investment Trust (TSX: AX-UN), NorthWest Healthcare Properties Real Estate Investment (TSX: NWH-UN), and Dream Office Real Estate Investment Trust (TSX: D-UN). Click the link below to view a sample of the free research report that will be available to you as a member of Active-Investors:

www.active-investors.com/registration-sg

Pure Industrial Real Estate Trust

Pure Industrial Real Estate Trust’s stock ended Friday’s trading session flat at $8.09 with a total volume of 1.87 million shares traded. Over the last month and the previous three months, the Company’s shares have gained 21.47% and 24.08%, respectively. Furthermore, the stock has surged 48.44% in the past year. The stock is trading above its 50-day and 200-day moving averages. Pure Industrial Real Estate’s 50-day moving average of $7.02 is above its 200-day moving average of $6.69. Shares of the Company, which operates a diversified portfolio of income-producing industrial properties in leading markets across Canada and key distribution and logistics markets in the US, are trading at a PE ratio of 7.35. View the research report on AAR-UN.TO at:

www.active-investors.com/registration-sg/?symbol=AAR.UN

Artis Real Estate Investment Trust

On Friday, shares in Artis Real Estate Investment Trust recorded a trading volume of 159,756 shares. The stock ended the day 0.21% higher at $14.32. Artis REIT’s stock has advanced 2.07% in the last month and 2.51% in the previous three months. Furthermore, the stock has gained 14.10% in the past year. The Company’s shares are trading above its 50-day and 200-day moving averages. The stock’s 50-day moving average of $14.11 is above its 200-day moving average of $13.62. Shares of Artis REIT, which invest in office, retail and industrial properties, are trading at a PE ratio of 16.38. Get the free report on AX-UN.TO at:

www.active-investors.com/registration-sg/?symbol=AX.UN

NorthWest Healthcare Properties Real Estate Investment

On Friday, shares in NorthWest Healthcare Properties Real Estate Investment ended the session 0.35% higher at $11.39 with a total volume of 127,350 shares traded. The Company’s shares have advanced 0.71% in the last month and 0.18% in the previous three months. Furthermore, the stock has gained 10.15% in the past year. The stock is trading above its 50-day and 200-day moving averages. Furthermore, the stock’s 50-day moving average of $11.30 is greater than its 200-day moving average of $11.13. Shares of the Company, which provides investors with access to a portfolio of high quality international healthcare real estate infrastructure comprised of interests in a diversified portfolio of 144 income-producing properties and 9.7 million square feet of gross leasable area located throughout major markets in Canada, Brazil, Germany, Australia and New Zealand, are trading at a PE ratio of 7.02. Access the most recent report coverage on NWH-UN.TO at:

www.active-investors.com/registration-sg/?symbol=NWH.UN

Dream Office Real Estate Investment Trust

Dream Office Real Estate Investment Trust’s stock closed the day 0.09% higher at $22.85. The stock recorded a trading volume of 192,189 shares. Dream Office REIT’s shares have gained 1.51% in the last month, 8.76% in the past three months, and 17.97% in the previous year. Shares of the Company, which focuses on owning, leasing and managing well-located, high-quality central business district and suburban office properties, are trading above their 50-day and 200-day moving averages. Moreover, the stock’s 50-day moving average of $22.22 is greater than its 200-day moving average of $21.17. Today’s complimentary report on D-UN.TO can be accessed at:

www.active-investors.com/registration-sg/?symbol=D.UN

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Dewmar International BMC, Inc. (DEWM) Announces Substantial Investments in Healthcare Real Estate Projects

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JACKSON, MS–(Marketwired – Jul 10, 2017) – Dewmar International BMC, Inc. ( OTC PINK : DEWM ), a diversified brand management and operating company that conducts business across a synergistic variety of business sectors announced today investments in multiple healthcare real estate ventures as part of its Profit Reinvestment Program (PREP).

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Tips For Living In Hattiesburg, MS Apartments With Pets

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Just because you live in an apartment doesn’t mean that you can’t own pets. As long as the apartment that you choose is pet-friendly, you should be able to create a warm, loving home for your dog, cat, rabbit, or other pet. Of course, you will need to take extra precautions to make sure that your pets don’t cause any problems. The tips below can make living in Hattiesburg, MS Apartments with pets a lot easier:

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Bedroom Apartments

The Most Versatile 1 Bedroom Apartments in Hattiesburg

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There are many different sized apartments that have been made according to the different needs of the people on the family sizes. Smaller families looking for versatile one bedroom apartments in Hattiesburg MS are surely in for luck as these one bedroom apartments are amazing for the owners who have been looking for them for a long time. (more…)

Apartments in Hattiesburg

The Best 1 Bedroom Apartments in Hattiesburg MS

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For all those people who are looking for some really good, comfortable as well as compact solutions for one bedroom apartments in Hattiesburg MS, then we have great news for them because finding such solutions at great prices and great locations within one’s budget can be quite much of a tedious task at hand. (more…)

Bedroom Apartments In Hattiesburg MS

Limit Your Search with 1 Bedroom Apartments In Hattiesburg MS

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So, if you are looking for peace and comfortable place to stay, 1 Bedroom Apartments In Hattiesburg MS can be the best deal for you. Considering the fact that one of the most renowned universities in the world, University of Southern Mississippi, being situated close to the place, apartments is built accordingly to meet up the requirements of the students. (more…)