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Monday, January 20, 2025

News from February 2024

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Gov. Kemp, State Leaders Celebrate Hyundai Motor Group’s Historic Impact on Georgia

By Peach Tree Times | Feb 26, 2024

Governor Brian Kemp expressed his appreciation for Hyundai Motor Group's positive impact on the State of Georgia, stating, “Hyundai is with us at the table, helping us recruit businesses, giving back to our communities, and working with our world-class colleges and universities to connect more Georgians with great opportunities." This sentiment was echoed by José Muñoz, President and Global COO of Hyundai Motor Company and President and CEO of Hyundai and Genesis Motor North America, who described Georgia as a second home for the company and highlighted the creation of jobs...

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AG Christopher Carr: ‘The FTC and Congress must act to ensure fulsome regulation of PBMs nationwide’

By Peach Tree Times | Feb 22, 2024

State Attorney General Christopher Carr (R-Georgia) sent a letter to U.S. Congressional leadership this week saying Congress should “act to ensure fulsome regulation of pharmacy benefit managers (PBMs).

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Common Cause Georgia opposes new election bill over voter registration concerns

By Peach Tree Times | Feb 22, 2024

The Senate Ethics Committee in Georgia recently reviewed Senate Bill 221, which proposes new requirements for voter registration, including the necessity for voters to have a permanent address.

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VA provides 5,767 home loans in Georgia totaling $1.9 billion in Q4 2023

By Peach Tree Times | Feb 21, 2024

The U.S. Department of Veterans' Affairs (VA) issued 5,767 home loans totaling $1.9 billion in Georgia during the fourth quarter of the fiscal year 2023, according to the Veterans' Affairs Home Loans Index.

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VA home loan amount averages $334,886 in Georgia for Q4 2023

By Peach Tree Times | Feb 20, 2024

The average VA loan amount in Georgia during the fourth quarter of the fiscal year 2023 was $334,886, according to the Veterans Affairs Home Loans Index.

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Average VA Purchase Loan amount in Georgia declines from Q3 to Q4 2023

By Peach Tree Times | Feb 20, 2024

The average VA Purchase Loan amount for Georgia in the fourth quarter of fiscal year 2023 was $346,963, according to figures provided by the Veterans Affairs Home Loans Index

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Number of VA loans issued in Georgia decreases by 42.0% from 2022 to 2023

By Peach Tree Times | Feb 19, 2024

The U.S. Department of Veterans Affairs (VA) issued 22,489 home loans totaling $7.3 billion in Georgia during the fiscal year 2023, according to the Veterans Affairs Home Loans Index.

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Average VA home loan amount in Georgia falls in Q4 2023

By Peach Tree Times | Feb 19, 2024

The average VA home loan amount in Georgia during the fourth quarter of the fiscal year 2023 was $334,886, a 1% decrease from the previous quarter, according to the Veterans Affairs Home Loans Index.

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Georgia ranks 6th in total VA home loans during Q4 2023

By Peach Tree Times | Feb 19, 2024

Georgia ranked sixth in VA home loans in the fourth quarter of 2023 with 5,767 loans issued, according to the Veterans' Affairs Home Loans Index.

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Gov. Kemp Increases Funding for CJCC's Victim's Services Grant

By Peach Tree Times | Feb 19, 2024

Atlanta, GA – Governor Brian P. Kemp has announced a significant increase in funding for the Criminal Justice Coordinating Council's (CJCC) Victim's Services grant, utilizing $26 million in remaining American Rescue Plan Act (ARPA) funds for FY25. This additional funding comes on top of the $13.2 million allocated in December for FY24, bringing the total ARPA funding for the grant to $94,237,210."I'm grateful we're able to provide these desperately needed funds to support the victims of crime as the federal government fails to live up to their promises," Governor Kemp...

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Gov. Kemp Appoints Judges and Solicitors General Across Georgia

By Peach Tree Times | Feb 19, 2024

Atlanta, GA – Governor Brian P. Kemp has made significant announcements today regarding the appointment of judges and solicitors general in various parts of the state of Georgia.J. Wade Padgett has been appointed to the Court of Appeals, filling the vacancy left by Judge Christian Coomer. Following this appointment, J. Grady Blanchard will be taking over the position in the Columbia Judicial Circuit. Governor Kemp has also appointed Spencer Tyson as the Solicitor General of Effingham County and Amy Godfrey as the Solicitor General of Coweta County.Judge Padgett, who has...

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Georgia ranked 30th in average VA home loan amount in Q4 2023

By Peach Tree Times | Feb 17, 2024

With $334,886 in home loans issued, Georgia ranked 30th in average loan amount for VA home loans in the fourth quarter of fiscal year 2023, according to the Veterans' Affairs Home Loans Index.

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VA Purchase Loans in Georgia average $346,963 for Q4 2023

By Peach Tree Times | Feb 15, 2024

The average VA Purchase Loan amount for Georgia in the fourth quarter of fiscal year 2023 was $346,963, according to figures provided by the Veterans Affairs Home Loans Index.

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Georgia ranked sixth among U.S. states in total VA home loans during 2023

By Peach Tree Times | Feb 15, 2024

Georgia ranked sixth in VA home loans in 2023 with 22,489 loans issued, according to figures provided by the Veterans Affairs Home Loans Index.

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VA issues fewer Interest Rate Reduction Refinance Loans in Georgia in 2023 vs. 2022

By Peach Tree Times | Feb 15, 2024

The VA issued 22,489 Interest Rate Reduction Refinance Loans in Georgia during the 2023 fiscal year, totaling $7.3 billion, according to figures provided by the Veterans Affairs Home Loans Index.

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VA provides 19.3% fewer purchase loans in Georgia for 2023 vs. 2022

By Peach Tree Times | Feb 15, 2024

The number of VA purchase loans in Georgia for 2023 was 16,140 and totaled $5.5 billion, according to figures provided by the Veterans Affairs Home Loans Index.

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As inflation ticks up, Georgia voters list it as top concern

By Peach Tree Times | Feb 15, 2024

The Bureau of Labor Statistics (BLS) has released data showing a rise in inflation for January, reflected across various expenditure categories such as food and shelter. This information substantiates the primary concerns of Georgia voters, as revealed by a recent poll conducted on behalf of the League of American Workers (LAW), which highlighted the economy and inflation as top issues.

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Gov. Kemp: SOLARCYCLE to Create 600 Jobs in Polk County at First-of-its-Kind Solar Panel Glass Plant

By Peach Tree Times | Feb 15, 2024

Atlanta, GA – Governor Brian P. Kemp has announced that SOLARCYCLE, an advanced technology-based solar recycling company, will be investing an estimated $344 million in a solar glass manufacturing facility in Cedartown, Polk County. This facility will be the first of its kind in the United States, using recycled materials from retired solar panels to create new solar glass.Governor Kemp expressed his excitement about the project, stating, "SOLARCYCLE's first-of-its-kind facility is a transformational investment for the Polk County community and will help drive its economy...

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Gov. Kemp: State of Georgia Breaks Export Records for Third Straight Year

By Peach Tree Times | Feb 14, 2024

Atlanta, GA - Governor Brian P. Kemp and the Georgia Department of Economic Development (GDEcD) have announced that the state of Georgia has broken export records for the third consecutive year. In 2023, Georgia surpassed $49.7 billion in exports, surpassing the previous record of $47 billion in 2022. The state currently ranks seventh in the U.S. for the dollar value of trade and 12th for the dollar value of exports.Governor Kemp expressed his satisfaction with the achievement, stating, "For the third year in a row, Georgia has broken every record when it comes to...

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Gov. Kemp Directs Georgia Guard Reinforcements to the Southern Border

By Peach Tree Times | Feb 13, 2024

Atlanta, GA – Georgia Governor Brian P. Kemp has directed the deployment of additional troops from the Georgia National Guard to the U.S. southern border. This decision comes as a response to the ongoing crisis at the border and the federal government's failure to address it effectively. The Georgia National Guard has had a continuous presence on the southern border since 2019, making it the state with the longest-standing presence.Governor Kemp recently visited the border for the fifth time since taking office, where he was briefed on the situation and the efforts being...