Mortgages availableANNAPOLIS -- More than $2 million in...

Bizlines

July 08, 1992

ANNAPOLIS — Mortgages available

ANNAPOLIS -- More than $2 million in low-interest mortgage loans is available to income-eligible Carroll residents through the Department of Housing and Community Development's Maryland Mortgage Program.

The program helps low- and moderate-income people buy either a new or existing home. To qualify for the 30-year, fixed-rate loans, individuals may earn up to $32,800 a year and families up to $40,950.

Two interest rates have been established: 7 percent for those earning $28,900 or less annually, and 7.75 percent for those earning more than $28,900.

Carroll County received $2,194,465 in tax-exempt bonds for the loans. Almost $57 million was made available to the 23 counties and Baltimore.

Carroll residents may borrow a maximum of $88,000 for an existing home and $93,500 for a new construction.

Information: Sue Gregson, DHCD, (410) 514-7700.

Consultant wins award

INDIANAPOLIS

INDIANAPOLIS -- C. Nevin Haines, vice president of Modern Comfort Systems Inc., has received Lennox Industries Inc.'s most prestigious dealer marketing award.

The award was given at the fourth annual Lennox Great Expectations Dealer Business Consultant Dealer meeting.

Modern Comfort Systems is part of Lennox's Dealer Business Consultant program, which provides the contracting firm with a consultant to counsel dealers on programs involving the Lennox brand name.

The Westminster company, in business since 1964, is at 100 Airport Drive. The firm specializes in product installations and service throughout Carroll County and the surrounding area.

Money for summer jobs

BALTIMORE

BALTIMORE -- The Maryland Department of Economic and Employment Development has given $80,144 to job training agencies in Carroll and Howard counties to provide summer jobs for economically disadvantaged youth.

The funding is part of $5.5 million in additional federal money the state received for the 1992 Summer Youth Employment and Training Program.

Maryland originally received $9.5 million from the federal Emergency Urban Assistance Act of 1992, which was signed into law June 22 by President Bush.

The money, totaling $500 million nationwide, will be used in public and non-profit agencies to provide summer jobs for income-eligible youth aged 14 to 21 years.

Firm gives to earth

WESTMINSTER

WESTMINSTER -- Colonial Pipeline Co. has donated $500 to Carroll County Envirothon in observance of Earth Year 1992.

The donation was used to offset the cost of 10 student teams from the five county high schools participating in the Envirothon, a natural resource competition sponsored by the Maryland Association of Conservation Districts and State Soil Conservation Committee.

The objectives of the Envirothon are to test the environmental knowledge and understanding of high school students about state resource issues and to cultivate a desire in students to learn more about their natural world.

Colonial Pipeline, headquartered in Atlanta, Ga., supports Earth

Year by making donations to local environmental organizations. The company delivers gasoline, kerosene and diesel fuel to local marketers.

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