Show bills extend housing loan acts washington july 2 home owners and pros buyers particularly vote veterans vans got a boost wednesday from the conference wc work IF k of sen wallace F banneit ju H utah As reported by the com commet mit tw S IM and ard S 2103 now extend the veterans baitlon dieci loan program for one year ar and authorize an adal each dalen dar cit quarter iri ili addition they permit the tv resident to lower down vAy payments ments to put 5 per cent ot of tho value ot of the house and increase the maturely df the nort gage to 30 years sen bonnett bennett cautioned caulion cd how ever that Ws was empowering legislation only and would depend upon the status of the building industry and the state ot of the economy one of the in major a jor inequities ot of the old housing act was that many voter ari could get no po loans white tome some could got them at tit 4 per cent and others had to pay 4 H per cent t son bennett said under the new bill which should fiot cot presidential approval soon won these discrepancies are resolved 11 sen son bonnett said that he ex poets pacts sen homer Cap capehart R H ind to introduce a abill at the next session of congress raising the direct loan authorization to per calendar d a r quarter W when he the senate and house passed differing versions var alons 0 of f tills kills aroen diling the Naf Na illonal lonal housing act seri bennett was asked to join the conference hammered out the differences feren ces the utahn saldie saad he also wanted it made mule clear that dat the VA with the of the secretary of rf ithe treasury has bag the right to lower the interest on hon home ve loans below 4 per cent should warrant |