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Business  |  Frank Corder  • 
September 3, 2021

NFIP increasing flood insurance rates October 1st. Over 80% of Mississippi policyholders to see increases.

Attorney Jimmy Heidelberg outlines what this means for Mississippians across the state. For the first time in 50 years, the National Flood Insurance Program (NFIP) is changing how it rates risk, according to FEMA. The result will be flood insurance rate increases of up to 18% for several years for over 80% of Mississippians statewide.…
Business  |  Anne Summerhays  • 
September 2, 2021

Wicker praises $280 million in tax credits awarded for Mississippi economic growth, community development

Mississippi entities will distribute proceeds through the 2020 New Markets Tax Credit Program. U.S. Senator Roger Wicker (R) praised the award of $280 million in tax credit allocations to five Mississippi-based community development entities (CDEs): Bancorp South, Trustmark Bank, Peoples Bank, Hope Enterprise Corporation, and MuniStrategies, LLC. The tax credits will be distributed through the…