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Show There were 538 loans tor $349.9 million made by private pri-vate lenders to businesses and industries, and guaranteed guaran-teed by FmHA, plus 210 grants for $13.7 million to municipalities to help encourage en-courage business and industrial indust-rial expansion. billion, Housing, $2.24 billion, bil-lion, Community Facilities, $849 million, and Business and Industry, $363 million. Among major farmerpro-grams, farmerpro-grams, emergency credit for farm operations hurt by natural disaster and for live -stockmen in the economic squeeze exceeded $1 billion, involving almost $46,700 loans. There were over 49,000 loans for $550.8 million mil-lion to finance farm operations opera-tions and more than 10,500 for $351.6 million to buy farmland. Some $9.6 million mil-lion was borrowed by Indian tribes to buy land within their reservations. In the housing program over 105,000 loans for $1.9 billion bought, built or improved im-proved individual homes, 1,153 loans for $292.4 million mil-lion were made to provide rental apartments, and 101 loans and six grants aggregating aggre-gating $13 million will provide pro-vide housing for farm laborers. labor-ers. For water and waste disposal dis-posal systems there were 1,451 loans for $469.9 million mil-lion and 896 grants for $1 56.9 million. $200 million was involved in-volved in 359 loans for community com-munity facilities such as fire stations, clinics, hospitals, community centers and similar sim-ilar projects that individual communities deemed necessary. Rural Deveopment Credit At New High Nearly $5.5 billion were made available for development develop-ment of rural areas in fiscal year (FY) 1975 through the Farmers Home Administration Administra-tion (FmHA), the Department of Agriculture said today. In this most extensive program pro-gram ever provided to strengthen the economic base and improve the amenities amen-ities of rural areas, $5,285 billion represents over 215,-000 215,-000 loans that will be repaid, and $181 million was disbursed dis-bursed through 1,138 grants in four different programs. The supervised funding programs of FmHA, a major ma-jor credit agency of the Department, De-partment, comprise four major areas, all of which were at record levels in FY 1975. Farmer programs $2 |
