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USDA credit for homeownership loans doubles

Dave Clarkson, area specialist, with the Chillicothe Rural Development Office announced increased funding for the Agency’s Homeownership direct loan program for fiscal year 2010. The Chillicothe office serves Daviess, Grundy, Harrison, Linn, Livingston, and Mercer Counties.

Clarkson, speaking to area realtors, said that stimulus funds from the American Recovery and Reinvestment Act (ARRA) added to the regular funding would approximately double the amount of credit the Agency could extend for

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