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Ederly people, if they live in rural areas, need not give up the idea of building, buying or repairing their homes on credit. This word comes from the Farmery Home Administration county supervisor, serving this area. Citizens who are 62-years and over, living in a rural community of 2,500 or less, may be eligible for a 33-year loan bearing 4 percent interest to buy an older home or build a new one. The FHA supervisor said elderly residents may also be eligible for rental units designed to meet the housing needs of older folks. The Farmers Home Administration can loan direct funds to non-profit organizations for construction of senior citizen rental housing
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