Show Farmers Home Loans Show Sharp Increase Use by eligible borrowers of the services offered by Far Far- Farmers mers Home Administration is increasing rapidly In Uintah County local officials reported Tuesday Since January 1 1964 has been loaned to 23 borrowers under the oper operating loan program This type loan is used for such purposes as purchasing livestock and equipment min min- minor or real estate improvements on farms and current farm operating expenses DURING THIS same per per- period period iod has been loaned under the Rural Housing Pro Pro- Program Program gram This type loan is made to people who live in rural areas who mayor may or may not be farmers and who do not have adequate housing to build new dwellings or other farm buildings or to remodel exist exist- existing existing ing buildings Loan funds from from this type loan cannot be used to buy land or buildings In addition to loans already closed there have been six farm operating loans approved approved ed but not yet closed totaling There have also been two farm ownership loans ap approved proved but not yet dosed c which total Farm i ownership l loans ans are made for forthe the purpose of purchasing or orI I re financing farm real estate THIS COMPARES to the thelast thelast last six months of 1963 when seven operating loans for a total of two rural housing loans for a total of and one farm owner owner- ownership ship loan for 2500 were made officials disclosed |