Veterans Easier Access to Some GI Farm Loans
World War II and Korean conflict veterans gain easier access to G I loans for farms with homes or improvements. A new law raises VA guarantees to 60 percent of the loan, with a maximum guarantee of 7500 dollars on three loan types.
MENTIONED IN THIS ARTICLE
Veterans Administration
G.L
Veterans Administration loan plan for farm purchase and construction
The plan covers buying a farm with the residence to be the veteran's home and includes all structures treated as realty. It also allows construction of a farm residence on veteran owned land with a higher guaranteed loan to repay existing liens if the lien does not exceed the land's reasonable value.
Farm Loan Guaranties Parity and Veterans Benefits Update
The article outlines VA loan guaranty parity across farm and GI home loans, with 60 percent up to 7500 for farm residence repairs and 50 percent for unimproved farms or farm buildings, plus 50 percent and 2000 maximum for stock and equipment loans. It notes loan availability depends on lender policies and lists eligibility deadlines for World War II and Korean War veterans. Also included are a parade lineup for racing events in Cedar Rapids with start times, and a lengthy legal road notice from Jones County, Iowa detailing multiple proposed road vacations and related hearings.
MENTIONED IN THIS ARTICLE
G.I
V.A
State of Tow
Jones County
Towa
Sith General Assembly
Lowa
Oelock
Board of Supervisers
Court House
Anamosa
Iowa
Conservation Officers Plan July Rabbit Crop Survey
Iowa conservation officers will run the annual July rabbit survey from July 15 to 28 driving country routes from sunrise to about 6 am. Officers record rabbits seen their size condition and approximate age for analysis by commission biologists to gauge breeding success winter survival and overall animal condition for the fall hunting outlook.
MENTIONED IN THIS ARTICLE
Iowa
Commission
Camp Waubeek Visit By Monticello Cub Scouts
Youngsters of Monticello Cub Scout pack 66 with fathers and adult Scouters spent a Wednesday evening at Camp Waubeek near Central City. Assistant Cubmaster Orvin Yeoman said the visit introduced Cubs to the camp site and program with plans for future attendance. The group gathered at the American Legion building at 6 p.m. and arranged car transportation for each of the seven dens.
MENTIONED IN THIS ARTICLE
Monticello
Camp
Waubeek
Central City
Orvin Yeoman
American Legion
New Air Force Policy Allows Some Veterans Reenlist
A July informal policy change will permit veterans from all services to reenlist in grade if they have needed skills, even after more than 90 days separated. The plan, cited by M/Set. C. W. Davis of the Cedar Rapids recruiting office, details the revised reenlistment approach.
MENTIONED IN THIS ARTICLE
Air Force
C. W. Davis
Cedar Rapids
Two Day Auto Racing Meet at Cedar Rapids Independence Holiday
A two day auto racing program is set for Cedar Rapids during Independence Day. The July 3 100 mile new car race will feature over 24 starters with 1955 Oldsmobiles Hudson Chevrolets F ord Thunderbirds and Buicks. Iowa champion Don White is among top drivers expected. The program continues July 4 with a seven event sprint program and over 20 Offenhauser and Ranger cars.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Iowa
Don White
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