OCR Text |
Show Farmers Home Will Guarantee Loans For Local Communities The Fanners Home Administration Administra-tion has a guaranteed loan to offer rural communities and nonprofit associations as-sociations for rural development projects. These projects can include loans for water and sewer systems, fire stations and related fire and rescue res-cue equipment, health clinics, libraries, li-braries, nursing homes, drug rehabilitation reha-bilitation centers, street and sidewalk side-walk projects, and for other public needs with the exception of recreational recre-ational projects. Under this program, Farmers Home Administration guarantees a loan made by a bank, savings and loan institutions, insurance companies com-panies and other qualified lenders. The loan repayment can be scheduled sched-uled over a long-term repayment period. For more information, prospective pros-pective applicants should contact the Farmers Home Administration District Office located at 25 South 100 East, P.O. Box 369, Richfield, Utah 84701. |