Farmers Home Administration Aids Rural Housing Act Details
L. J. Cappleman Texas State Director reports to Secretary Freeman on the 1968 Housing Act. The act funds rural housing via FHA offices and the Rural Technical Action Panel, expanding loans with interest supplements for low income borrowers, nonprofit rentals, self help housing, and job trainee facilities. New rules allow city workers to buy rural homes and clarify residency requirements for FHA financed rentals and co-ops.