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News: Business

Oxford building permits triple in 2012

January 28, 2013 | Modified: January 28, 2013 at 5:15 am
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< p>OXFORD, Miss. (AP) — A new report shows the number of permits issued for single-family homes in Oxford more than tripled in 2012, jumping from 61 in 2011 to 224 in 2012.

Chris Carter, building inspector for the city, tells the Oxford Eagle (http://bit.ly/p2p8XY ) that much of the increase was due to student-geared housing developments with cottages that are rented out per bedroom.

Carter says since the units are stand-alone homes, they are counted as single-family homes.

The value of the single-family-homes was approximately $25.8 million in 2012, which brought $136,909 in permit fees to the city. In 2011, permits totaled approximately $9.3 million, which brought in $42,623 in fees.

While most of the new single-family homes may be geared for students, it's still means jobs for construction workers.

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Information from: Oxford Eagle, http://www.oxfordeagle.com