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Grand opening for new UCA Downtown on Jan. 14

Grand opening for new UCA Downtown on Jan. 14

CONWAY, Ark. (UCA) - The University of Central Arkansas will host a grand opening and ribbon cutting ceremony for the new UCA Downtown at 10 a.m. Thursday, January 14 at 1105 Oak Street in Conway.

As part of the grand opening and ribbon cutting, original art works created by UCA students in the Department of Art will be featured in the front, gallery section of the building.

The approximate 2500-square-foot facility will also be home to culinary, fine arts, technology and other community education and lifelong learning programs hosted by UCA.

Located within walking distance to popular restaurants, shopping, Toad Suck Square and Simon Park, UCA Downtown can also be rented to host upscale events, business meetings and other small functions.

Exxon Mobil subsidiaries to pay nearly $5M for oil spill

Exxon Mobil subsidiaries to pay nearly $5M for oil spill

LITTLE ROCK, Ark. (AP) - The Justice Department says two subsidiaries of Exxon Mobil have agreed to pay almost $5 million in government penalties from a 2013 oil spill in a central Arkansas community.

As part of a consent decree set to be filed in a Little Rock federal court Wednesday, the companies would pay about $3.2 million in federal civil penalties in addition to addressing pipeline safety issues and oil-response capacity. They would pay $1 million in state civil penalties, $600,000 for a project to improve water quality at Lake Conway and $280,000 for the state's legal costs.

Assistant Attorney General John Cruden notes that Exxon Mobil doesn't admit liability in agreeing to the measures.

Arkansas Realtors gathers list of vacant rental properties for storm victims

Arkansas Realtors gathers list of vacant rental properties for storm victims

LITTLE ROCK, Ark. (KTHV) - Arkansas Realtors has gathered a list of vacant rental properties for storm victims.

The list has homes from all over the central Arkansas area. This list is intended serve as a resource for the displaced storm victims to search for a new home while they rebuild their lives. This website will be constantly updated as more lists of rental properties available are received.

Get list here: www.arkansasrealtors.com/rentalinfo

Arkansas Realtors is also asking any Arkansans that own vacant rental properties in the affected and surrounding areas to send their property information to rentalinfo@arkansasrealtors.com so they can continue to post available properties for storm victims.

UCA board approves land purchase

UCA board approves land purchase

CONWAY—The University of Central Arkansas Board of Trustees approved acquisition of a property on Bruce Street.

Bethlehem House Holiday Tour of Homes at The Village

Bethlehem House Holiday Tour of Homes at The Village

Conway, Ar. - There will be a Preview Party of the Homes at The Village at Hendrix on November 30th from 6:00 - 8:00 p.m and will be $30 to attend. The tours will be held December 1st and 2nd 1:00 - 5:00 p.m. Tickets for this event will be $10 in advance or $15 at the door. You may purchase tickets at any 1st Security Bank, the Kitchen Store, Ye Olde Daisy Shoppe, and The Village Welcome Center. Proceeds will go to the Bethlehem House.

ARA: Housing market bounces back in Arkansas

ARA: Housing market bounces back in Arkansas

Arkansas REALTORS Association Reports Outstanding February
Arkansas Up/Even in Every Tracked Category

IRS offers incentive to first-time homebuyers in Arkansas

IRS offers incentive to first-time homebuyers in Arkansas

The Arkansas Development Finance Authority (ADFA) recently introduced a program that offers a Federal Tax Credit for First-Time-Homebuyers.  It is called the Mortgage Credit Certificate (MCC) Program.  The MCC Program is offered by the Internal Revenue Service to encourage borrowers to buy their first home. 

For borrowers that qualify, if offers them up to a $2,000 Federal tax credit for each year that the house they are buying is used as their principal residence.  To qualify borrowers must be first-time-homebuyers, except in targeted counties; must meet household income limits, which vary by county; and not exceed a purchase price of $225,000.  The MCC is not part of the home financing, but rather an incentive the IRS offers to get first-time-homebuyers to buy a home.