Business Briefs

Posted: Thursday, May 20, 2010

Chambers set luncheon schedules

* The Soldotna Chamber of Commerce meets Tuesday at noon at Froso's. Sadie Updike will discuss Thread and Imagination Library. For more information, call 262-9814.

* The Kenai Chamber of Commerce meets Wednesday at noon at the Merit Inn. American Legion Post 20 will be presenting the Colors and Kalen Tyson will sing the National Anthem in honor of Memorial Day. The speaker will be Lt. Michael Franklin, U.S. Coast Gaurd, and Marine Science Technician First Class Shawn Erwin to discuss Kenai's U.S. Coast Guard, "What We Do and Why We're Here." For more information, call 283-7989.

USDA Rural Development increases housing loan limit

The limit for the maximum value of homes financed through the 502 Rural Housing Loan Program has been raised to $213,000.00 on the Kenai Peninsula. Through this program, eligible low income applicants may qualify for a direct, subsidized loan to purchase a new or existing home which meets program standards. Home loans for purchase do not require a down payment or mortgage insurance. The current interest rate is 4.875 percent before subsidy.

Rural Development also has a program available to provide needed home repairs and fund energy efficiency improvements for current home owners. Income eligible homeowners may qualify for long term home repair loans up to $20,000 at a 1 percent interest rate. Grants up to $7,500 are available for senior home owners, age 62 and up to complete repairs for weatherization; to improve health and safety standards; or improve accessibility.

Interested applicants may contact the USDA Rural Development Office at 110 Trading Bay Road, Suite 160, Kenai, AK, 99611; or call 907-283-6640, ext. 4 to find out if you qualify to purchase a home.

Solstice Music Festival seeks musicians, vendors

Now is the time for musicians and vendors to apply to be a part ofthe Summer Solstice Music Festival. The event, held at the Diamond M Ranch and sponsored by the Kenai Peninsula Bed and Breakfast Association, will take place this year on June 19.

The festival will continue on June 20, sponsored by Peninsula Grace Brethren Church.

In addition to good music, Contra Dancing, good food, great local crafts and other items for sale, games and activities for kids will be on tap at an event called Matti's Farm Fest. Mathias "Matti" Martin was killed last summer in a animal related accident. In his honor an agricultural educational farm is being developed for adults and children to learn first-hand about where their food comes from, how to raise and care for animals, and how to make better food choices that will result in better health. Homes on the farm for foster families are also part of the vision. A good portion of festival profits will go to Matti's Farm.

Preferred genres include country, western, bluegrass and rhythm and blues, but if you have a following and can draw a crowd you are encouraged to apply. Also, all types of food, arts and crafts, games and other vendors are needed, both commercial and non-profit.

Contact JoAnne Martin at 283-9330 for application forms. Selection of musicians will be made prior to June 1 so that the names can be printed on the T-shirts.

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