Show HOUSE APPROVES APPROVE MORE MONEY FOR HOME LOANS measure provides total of 1 sl I for use of HOLC with only two votes against it the house passed today the measure which provides an additional 17 5 00 0 00 0 0 for the home owners loan corporation to help mortgage burdened home owners the bill was sent to the senate after repeated attempts to raise the to 3 were beaten AIL member members m bers of 0 the banking committee gave assurance again and again that the bill provided sufficient funds to help deserving home owners in distress even so the committee itself had added to the originally in the measure it also wrote in a provision that new applications for help might be filled tor for 60 days after the bill becomes law only eight ot of two score amendments were accepted one of the last adopted boosted from 25 to tiie limit on loans insured up to 20 per cent by the federal Hous eing administration made by private lend lending ing F agencies for repair and improvement of commercial structures 1 As asserting erting that it if the government guaranteed these loans would be handed the bankers of the country RAP hancock D N C demanded the entire section covering them be lifted out of the bill the Is amount provided in the housing act lor for modernization loans on bom diomes ea the now new bill would open the fund to commercial modernization loans while they made a last minute attempt to shunt the measure back to the banking committee the republican opposition to the bill dwindled down to Ite presen dative andrews of new york ind and merritt of connecticut |