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VOL. 126 | NO. 167 | Friday, August 26, 2011

Delta Authority, SBA Announcing New Partnership

AP

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WEST MEMPHIS, Ark. (AP) – The Delta Regional Authority and the Small Business Administration are announcing a new partnership aimed at recruiting financial institutions to the Delta to help businesses in the region.

Officials with the two agencies planned to announce the new agreement at an event Thursday morning at Mid-South Community College in West Memphis. They're signing a memorandum of understanding to coordinate efforts to identify and recruit local and national financial institutions to help small businesses in the area.

They also plan to use their network of local resources to support retaining and expanding economic development programs in the region.

The authority was formed in 2000 to help coordinate economic development efforts in portions of Alabama, Arkansas, Illinois, Louisiana, Mississippi, Missouri and Tennessee.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 97 410 20,632
MORTGAGES 116 472 23,745
FORECLOSURE NOTICES 4 38 3,048
BUILDING PERMITS 227 1,085 42,594
BANKRUPTCIES 60 300 13,180
BUSINESS LICENSES 8 81 6,622
UTILITY CONNECTIONS 19 182 7,789
MARRIAGE LICENSES 13 64 4,643