Show Added Dollars Available for Farming Loans An additional 50 million has been made available a to the Farmers Farm ers Home Homo Administration for farm I housing loans Reed Heed J. J Page the tho agency's county supervisor announced announced announced an an- today Applications for farm housing loans may be bo made mado at the local office of the Farmers Farmer Home Administration Administration Administration Ad Ad- ministration Mr Page lage said The Tho loans bear 4 per cent Interest and are repayable over period up to 33 years The major demand In Summit County is for loans to construct and modernize farm houses and most of the tho funds are used for tor new construction Improvements financed finance with tho loans include the installation of central heating and pressure water supply systems the addition addition addi addi- tion Lion of bathrooms and tho the modernization modernization modernization mod mod- of ot kitchens Many local farmers also aTso uso use the loans to adjust their service buildings to the changing requirements requirements require require- ments meats ot of agriculture A frequent example in this area Mr Page said Is the conversion ot of obsolete I dairy facilities by the construction construe construe- tion of a modern milking parlor and loafing barn To be eligible a farmer must own a farm that will annually produce for sale or home use at least lost worth of commodities I based on 1944 19 prices prices' and be of or sufficient value to adequately secure the loan In addition he ho heI must lack the resources needed I t to obtain credit elsewhere and andI I have sufficient Income to pay farm operating and family living expenses expenses and meet payments I when due on his debts |