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Show STATEMENT OF SENATOR FRANK E. MOSS tn UTAH) UNITED STATES SENATE .... 9f.JN t.G SUBJECT; FHA Loans to Cooperatives Mr. President, Congress has, duing the past eight of years, made a. number of improvements in the loan authority the Farmers Home Administration. In every instance, these improvemenh represented loft, overdue .teps to close a critical credit gap for family ... farmers and other rural families. We have greatly expanded the agency's farm ownership loan program to enable many more young and small farm opera-tors to become efficient farm owner s . We have created a rural housing program that can, it properly funded, enable us to eliminate the some 3 million substandard homes in rural areas and give rurallarnilies the same opportunity in housing enjoyed by the fest of the nation. We h can have ve provilied credit for rural communities so they basic coromu:nity fa¢i1ities such as water and waste disposal system. and outdoor reereation area.s. Yes, Mr. President) step by step, we have made con- siderable prQgress in closing ma.ny credit gaps in. rural America. |
