3'.’ UmnisU’i Fiinimui. Saturday. May 23.1970
Rural Housing Program Still Growing
'I hr nn.il hoiisinn pi op am is
.in .him of mowtli in Ihc n.i
lions housing putino. \<lmini'
ti.itoi .l.inu’s V Sniiili of Hu? (
IVp.n tiiUMit of Amioulluios
F.n tni’i s Homo XdmiiiiMi alien
irpoitoil totout 1> ,
Sinitli clisclosiii that mill
pooplc son oil bj the homo loan
niMii.imo pioei.nn oi Ihe F.nm 1
ois Homo Vlinini'-t• .’tn.i .i Do
p.iitmont of Xuiuii’iin' i.ctlil
,1001.0 .ne moii'k into now oi
nipioioil liomos it ti 17 4 poi
ml i.i-li i i .it ■ lb ' '..ii '
Iho X.imnmti mu > wtoc!
pui.iO" iopo.l on ii in .I
1I! \ . ovMi.om MiM i I hi
lioiiK Iri.i'u no fio i Mill •' o
tin ioll nt i si(|. .mi .owns oi
up lo .1 700 !)o’)n!.iiom
Hi-. lopoit loi tlio In'l rnio
lllOMtlls Ol llsi_.ll "’o° 70 sIK'WCCI
11.. it the .mend .ippioiecl 43
748 homo owivislnp lo.ins lot il
in" S4b) 4 million ..f-am-i '
37 277 loins tot.i 11 >i" 5360 7
million in the coi 1 1 voiu'nij,''
poi loci of lisc.il 1969 '
Smith said new home ‘tans
thiough his agenc\ will urn ap '
pioximatelv twice as high this
\eai as in any pievions \e*i ,
Loans foi new' one lanulv
homes undei the iuu‘l piogram
exceeded 25 000 thiough March,,
equalling the mnnbei appioied
foi the entne fiscal veai 1969
Bv conti ast, new' home starts in
the nation as a whole declined
b\ an estimated 15 3 per cent j
during the nine-month pei md
ended in Mai ch '
The spnng seasonal upsuige
oi building is expected to lesult
in the Faimeis Home \dmmis
tuition smpassing SBOO million 1
in insuied housing loans ioi the
yeai ending June 30 The j eai’s
activity Smith said, will ac
count foi about 80,000 new and i
impioved homes for juiall
Amei tcans of low and modeiate j
income
Last yeai, the agent:.’s pie
vious lecoid yeai, F.iuneis
Home insuied $5OO million
woith ot loans on 50,000 homes
The Admmistiatoi said
Fanners Home is geanng up fm
a maioi lole it has been as
signed nndei the nation’s hous
ing goal foi the 1970 s
Half ot the six million public
lv assisted housing loans pio
jected in this decade aie con
signed to imal aieas, wheie
Faimeis Home admimsteis fed
eial assistance to housing
thiough a system ot 1,700 imal
county offices in the 50 States,
Pueito Rico and the Virgin Is
lands
The agency is aiming for 156 -
000 insuied homebuyei loans
for-. How and modeiate income
people in fiscal 1970 71
Undei authouty confened by
the Housing Act of 1969, Faim
eis Home has launched this
spnng a new type ot two-yoai
lodi to public and puvate non
piofit oiganizations to develop
homebmlding sites lacking in
imal aieas, and a “conditional
commitment” to buildeis ceili
fvmg that homes they constiuct
will quality toi Faimeis Home
insuied loans to homebuyeis
Building sites impioved with
Faimeis Home financing will
be sold as sites toi homes ot
low to modeiate income fami
lies who can secuie housing
loans insuied by the Faimeis
Home Admimsti ation oi Ps
counlei pai I FIIA (Fedeial
Housing Admimsti ation) at the
Depaitmenl of Housing and Ui
ban Development These sites
also aie available lot lenial
housing foi low and modeiate
income families
The iin al pioguun is going
lo bo .i sustained attack on the
ANYWAY YOU LOOK AT 1T...
Are
Feed
FEEDS
D. E. Horn & Co., Snc. York, Pa. Ph. 854-7867
More Dairymen
Feeding
Than Ever Before!
14
k :\
ti
Hornco Uni-pel dairy feeds, formulated
by D- H. Van Pelt could improve your dairy
operation. Why not check with your neigh
bor who feeds Hornco. Then call us direct
for an appointment with Mr. Van Pelt.
r\
a*
Wfm
ORNCO