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Show W1 rrr t i i i i i 8A Sun Advocate Price, Utah Tuesday February 1 9, 2002 Laura Thayn is a senior at Carbon Higi Her parents nominated her as q torch runner because of the example she has shown of ligfitaw the fire witfun herself . She struggled with math dasses in elementary school and into junorhtfi. Then she decided she wanted to be a better malh student so she decided to take two math classes. She eventually received the math student of the year award at Mont Hannon Junior High in ninth pade. Shewil paduatefrom Carton Hgi this spring and has completed classes at CEU during her senior year. Now is the time to buy A gradual upturn in the cu hk xny and low nx xlgige interest ntlcsnrc pmmpting nx ire Utahns to seek fircuxvq tohuy theirfust Ixanc. Utah Ls $160,000- - $40, (XX) more than the national median average. The typical Ul 1C ktan applicant's household income falls between This week's announcement hy the Utah I lousing Corporation that it has released SIS million in bond funds to finance 230 $25fXX)and$4(VXX)ayear. With Ul ICs kxv interest rates, nxxe people can afford to buy, which indusg stimulates the homekxuisispiuliculariygixxlnews K xr k iwer income residents. It means that tlk.yliave an opportunity to take advantage of the gixxl rates to get try and creates more cunstiuctkm-relate- d jobs, which helps the economy, continued Erickson. lb qualify fix a UHC kran, an applicants inarme must not exceed a certain level Applicants should also have a reasonably grxxl credit rating, purchase a modestly priced house, and be able to afford the expenses associated with owning a home. The Utah I kxtsingCorpnraikxi, formerly the Utah Ihxtsing Finance Agency, is a public, nonprofit corporation that offers multiple resources todevdop and finanoe quality affordable housing for low and moderate-incom-e people across the state. UHC finances home loans for thousands of kw-interc-st intoahomcoflhciruwn. The Ul l( interest rale on a fixed rate kxin is 3.05 percent with two diseixint points and Al25 percent with no disuxint points. Ul 1C interest Rites are typically one full percentage point hckxvoonvcn-tionrates. In addition, UHCs Hist 1 1 mc Hus program provides assistance with downpayment and ckfcinguKts. which are often the biggest obstacles to Ixxne ownership. Acairding to William Erickson, President of the Utah I kxising Corof fxrying still poration. tlx; ixitweigh thoseid'ienting. Renting apkxe to Iheckx-sn'- l offer the kxig-terhenefitsof home ownership, uxnnxmlcd I iricksixi. When you purchase a txxise.yixi immediately 30-ye- al m begin earning equity, building credit, and establishing kxig-terstability iUKlscairity. In spile of the Ixxrm in Utahs m iHxrsing market, many kiwcr-in-copeople still struggle to qualify for a home they can afford to buy. The state's Utwer wage scale arid hitter home prices dont help The home-buildin- Pinnacle Canyon School students performed patriotic songs and put on a show for people at the state capital last week as part of Govern Leavitt's Light the Fire Within program. The children who range in age from seven to 14 put on quite a show as groups of people gather around from the Declaration of Independence display and from various offices in the building. Other students from the school perform a similar program on the steps of the plan by the water fountains at the Gateway Center later that day. st e, buyers through the bunds. UHCalso sale of utilizes state and federal income tax first-lipt credits to finance the devekrpment and rehabilitation of affordable rental housing Since it was founded hy the Utah State Legislature in T 975, UHC has provided funds for more than 65, (XX) single and multifamily units. For information on UHC mortgage kransanda list of participating or toll-frlenders, call ee avenige purchase price ofa lx xise in OO h sweet. 01 PhnMIAV 01 !; Town &Country sweeter. fJaipfP 718 ew O.THERlQUALlTkYiUSED SHARE MINUTES WITH SOMEONE SPECIAL FOR JUST $20 KM JUST $M GET UP TO I CELWLARKIE' IBS i! .. par riiiMxafeGiMiW aMM tonal t: '1 fXLJ IbXmnCiUrOniMl sv:- - COMAIfH jng,kmgdl ark tool ring, to tor M ncbdtt 1200 nrV land ana. aandea any ba analog. and Fanundhai a tai tn naftmti bdgkn to pnoan (a et tn MX An Ifrmgnti mm n ton ndnaKoa tor eomptoto dMto. Otnr mMetona m J toamarksHbaCatodarOnaOm. Ona alona and Inrttoninatod m .& Jeep. Onatoangk HIM flf' |