REHABILITATION AID

Dominion, Volume 38, Issue 258, 28 July 1945, Page 9

REHABILITATION AID

Record Month For Loans HOUSING, FARMS, TOOLS

June was another record month for loan authorizations to ex-srfrvicemen and women, states the monthly statistical review issued, by the Rehabilitation Department. During June loans totalled i7U'J,ASO, beating the previous months record total by 1152.6X10. This brought the total loan authorizations to f8,U26.S6B, of which .tS,.FoLiidu was for ex-sc-rvieemen returned from overseas and £sljy for returned servicewomen. Demobilized home service personnel had till the end of June been advanced £330.606, merchant seamen £31,892, and widows und dependants of deceased servicemen £60,402. During June 954 ex-servicemen and women were assisted by way of rehabilitation loans, bringing the total of those so assisted to 13,616, including, apart from merchant seamen, 12,359 who had returned from service overseas. _ Another peak month in housing loans resulted in 321 such authorizations being made to the value of £368,3950f these 102 (£143,521) were tor the erection of houses, and 219 (£224,874) were for the purchase of existing dwellings. By the end of June 3699 ex-servicemen find women had been advanced housing loans totalling £4,057,199. Included in this total were 1873 interest-free supplementary loans valued at £297,951, of which 203 (£30,846) were authorized during the month. These supplementary loans arc intended to bridge the gap between today’s values and those obtaining before the war. Finance for Farms,

Loans to assist • ex-servicemen on to farms of their own totalled 83 (£296,695) for June, an increase of 10, which made the total at the end of that month 95u, to a value of £3,195,847. Of those so assisted to the end of that month 921 were returned servicemen, 25 were homeservicemen, two were merchant seamen, and one a dependant of a deceased serviceman. The month of June saw a further 106 ex-servicemen granted loans to set up in business, which was four more than the previous mouth’s total. The value of the loans for June was £64,207, milking the total value at the end of that month £728,078, authorized for 1448 returned servicemen, two returned servicewomen, 144 home-servicemen, three merchant seamen, and three deceased servicemen’s dependants. A further 412 interest-free loans tor the purchase of furniture "were authorized during June, involving £33,128, and including advances for 377 returned men and one returned woman. This made the total amount authorized for this purpose at the end of June £619,148, representing advances to 6781 ex-sorviccmen and women. With another 23 interest-free Joans authorized in June to enable ex-service-men and women to purchase tools of trade nt a cost of £B3B, the total number of such loans reached 591, valued at £15,227. Nine .smaller advances for miscellaneous purposes amounting to £lOl7 were, made during the month, there being SO ex-servicemen and women who at the end of June had received such assistance representing an expenditure of £11.369.