Show FICA Assists During 9 1 u. u Rural credIt services of the Farmers Home Administration helped citizens during fiscal year 1969 Clyde K K Cox County Supervisor of this USDA Agency announced today Among those benefiting were members of farm and other rural families who received loans or were using credit advanced ad advanced advanced ad- ad in earlier years rears and members of families included included in included in- in in associations using the agency's credit Funds were advanced by the Farmers Home Horne Administration in Sanpete Sanpete Sanpete San San- pete during the year Seventy percent of the amount loaned was provided by private lenders on an Insured basis The remainder was provided provided provided pro pro- vided primarily from collections collections on loans made previously Repayment of principal and Interest totaled Loans outstanding in S Sanpete County on June 30 1969 totaled approximately Supervisor Cox noted that Farmers Home Horne Administration credit available to only those unable to obtain credit elsewhere elsewhere elsewhere else else- where Is a vital factor in USDA's efforts to strengthen the economy of rural America and stem stern the tide of Following are the details of the agency's activity In Sanpete County during the fiscal year ending June 30 1969 Seventeen families borrowed to buy or enlarge farms and make major Im Improvements Improvements improvements im- im on their property Soil and Water loans totaling were made to five individual farm families to de develop develop develop de- de conserve and make better better better bet bet- ter use of soil and water re re- re sources A total of 41 families received re received received re- re loans of to enable them to make operating adjustments on their farms finance annual operating costs and overcome the effects of an untimely freeze wl which ch destroyed destroy destroy- ed many crops In the county Twenty-five Twenty families received ed In rural housing loans These loans were used to purchase Improve or construct construct construct con con- much needed modest housing In the county A grant of was made to Sanpete County to pay for forthe forthe forthe the preparation of a countywide countywide county county- wide Comprehensive Water and Sewer Plan The Farmers Home AdmInIstration Administration Administration Admin AdmIn- office is located In the post office building In Manti Utah and the staff presently serving Sanpete Count County consists of County Supervisor Clyde K K Cox and County Office Clerks Maude M M. M Reid and Karma J. J Allred |