New Sonyma mortgage funds offer 10.2 percent rate
About 4 400 first time buyers can get SONYMA loans next month from a $219 million state fund. Banks will be named the day before funds become available to curb lines, with a 10.2 percent rate versus 14.25 percent on standard mortgages. Loans aid purchasing new or existing one to four family homes for eligible first time buyers in targeted areas, with occupancy required within 60 days.
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State of New York Mortgage Agency
Mario Cuomo
State of
Cuomo
California mall seeks statehood in odd lottery twist
A California shopping center applies for statehood in a quirky twist tied to a lottery winner. Overnight frost is reported with lows near 30. AS News provides the contact line 470-2265 for reader tips.
Congress opens offices with stopgap funding bill
Federal workers returned to offices after a partial shutdown as Congress acts to pass an emergency spending measure. The stopgap keeps most departments solvent until 6 pm, with White House signaling President Reagan would sign the temporary bill.
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Washington
Congress
98Th Congress
Reagan
White House
Furloughed workers to report as usual. pay dispute settled
A5 furloughed workers were told to report for work today while a House Senate conference committee agreed they should be paid for their day off on Thursday. The spending bill to fund most of the government for the current fiscal year remains unresolved as negotiators labored through Thursday night to craft a compromise version of the broad CONGRESS page ad.
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House- Senate
Channel 9 will not air AL baseball playoff game
Channel 9 will skip broadcasting an American League playoff game if it goes to a fourth game on Saturday. WIXT TV Channel 9 opts to televise the East Carolina University versus University of Pittsburgh college football game instead. Central New York fans face a potential gap as a major sports event may be unavailable locally.
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Wixt-Tv
East Carolina University
University of Pittsburgh
New York
Challenger lifts off with seven crew for orbital mission
CAPE CANAVERAL Fla UPD seven astronauts aboard the space shuttle Challenger launched into orbit with five men and two women including Sally Ride and Kathryn Sullivan. The crew will conduct Earth studies and practice orbital refueling while carrying a $40 million climate satellite and a high resolution stereo camera. The flight aims for an Oct 13 Kennedy Space Center landing after an eight day mission.
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Cape Canaveral
Fla
Challenger
Earth
Space
Atlantic Ocean
Robert Crippen
Kathryn Sullivan
Jon McBride
Sally Ride
David Leestma
Sullivan
Paul Scully- Power
Mark Garneau
British Isles
Crippen
Garneau
County Cork
America
Kennedy Space Center
Nettleton Jobs Threatened Over Union, Company Warns
The AE Nettleton Co warns its 50 remaining jobs may be at risk within a week unless union leaders help clear a political and financial bottleneck. Owner Edward A. Tognoni says the firm is stretched like a rubber band and could fail if the issue drags on. Union reps counter that the company seeks to clear the way for two state agencies to approve last month’s firing of 120 unionized workers. Kenneth Wray of the Amalgamated Clothing & Textile Workers says a week’s response is unlikely. A two hour talks session in Syracuse ended in stalemate.
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AE. Nettleton Co
Edward A. Tognoni
Ing
Kenneth Wray
Amalgamated Clothing & Textile Workers of America
Syracuse
Metropolitan Development
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