Walter O. Jones

Walter O. Jones

Walter O. Jones of Silver Spring, Md. died May 31, 1965. He is survived by his wife, Mrs. Rebecca Wood Jones, formerly of Rappahannock County, and one son, Thomas Walter Jones, of Silver Spring. Graveside services were held on Wednesday at the George Washington Memorial Cemetery, Tacoma Park, Md. Attending the funeral of Mr. Jones were Mr. and Mrs. Rob ert Many, Miss Sue Many, Mrs. Rachael Frazier and son, Gerald, and Mr. and Mrs. L. W. Buckley, all of Sperryville. Also attending were Mr. and Mrs. Jack Piehler of Rochester, N. Y. and Mrs. Kitty Huff of Washington, D. C. Mr. Jones was a brother-in-law of Mrs. Many, Mrs. Huff, Mrs. Piehler, and Mrs. Buckley.

Housing Credit

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vanced by the U. S. Department of Agriculture agency for the construction of rental housing units for senior citizens during the same period, July 1, 1964 through April 30, 1965. 'Farmers Home Administration’s senior citizen housing loan program offers citizens, 62-years of age and older, an opportunity to have housing suited to their needs in the community in which they have spent their working years,” Walker said. “This program also stimulates the local economy by providing jobs for workers engaged in the construction industry and .customers for local trades and services." In 1962 Congress authorized Farmers Home Administration to make direct loans and insured loans to individuals and corporations tc finance rental housing for the elderly. FHA direct loans for senior citizen rental housing in rural communities bear 3.75 percent Interest, with up to 5C years to repay. But loans insured by the agency for rental housing currently bear 5.75 percent interest. Borrowers have up to 40 years to repay. Additional information about the senior citizen rural housing loan program is available at the Farmers Home Administration office, Main Street, Culpeper.