USDA Loan Extension
By: Melanie Huonker
Updated: October 11, 2012
JOPLIN, MO--- Representatives with the US Department of Agriculture Rural Development announced an extension of a waiver for home loans until September 2013. It allows eligible applicants to apply for loans to buy a home or secure funds to construct a new one in Jasper and Newton counties.
Rural Development granted the waiver in December 2011. Last year, Missouri Senator Roy Blunt requested the USDA waive a rule so Joplin could benefit from Rural Development Housing money. Today he thanked them for their efforts.
Senator Blunt says, " Joplin's done it's part and seen the federal government step in and do what only the federal government can do when a disaster so big that a community or state can't deal with it on their own is a good thing."
The USDA says a review will be done before September next year to see if another waiver extension is warranted.
Rural Development granted the waiver in December 2011. Last year, Missouri Senator Roy Blunt requested the USDA waive a rule so Joplin could benefit from Rural Development Housing money. Today he thanked them for their efforts.
Senator Blunt says, " Joplin's done it's part and seen the federal government step in and do what only the federal government can do when a disaster so big that a community or state can't deal with it on their own is a good thing."
The USDA says a review will be done before September next year to see if another waiver extension is warranted.
