The White Falcon

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The White Falcon - 02.12.1970, Síða 3

The White Falcon - 02.12.1970, Síða 3
December 2, 1970 THE WHITE FALCON Pa^e 3 ew GI bill stresses home loans, mobile home program New GI benefits and extensions of existing benefits are all part of a new bill signed into law by President Nixon. The31 Jan. 1975 date set as the terminal date for the VA's direct loan program has been eliminated and benefits to those among the almost 9 million Korean and World War II veterans who had not previously used them, have been restored. Home loans form the major part of the new bill. For the first time, loans can be made for mo- bile homes up to $10,000 or up to $17,500 if the lot upon which it is put is also purchased. Up to 30 per cent of this loan can be guaranteed. Talcing advantage of this benefit does not stop a per- Jean Maxwell leads ladies while son from qualifying for other home loans once the mobile home loan has been repaid. Another provision of the bill allows those under this program to refinance mortgage loans or loans held on homes that they either occupy or own. Up to 60 per cent or $12,500 whichever is less can be guaranteed. The same 60 per cent or $12,500 loan ap- plies to those purchasing family units or condominiums that are insured by the Federal Housing Agency. Ted Grobelmy heads men’s league Two base basketball players share the sportslight this week. Jean Maxwell is high scorer with 16 points per game for four games in the Ladies League. Ted Grobelmy is lead scorer in two leagues, averaging 17.9 points a points a game in the "B" League. Jean Maxwell is the feminine side of scoring in base basket- ball. She is hitting the basket with a high average of 16 points per game, helping the Lollies Iaintain a winning vein in the kdies League with a 3-1 record. W Jean started in organized bas- etball in high school. She play- ed forward for two high schools in Texas — Del Rio High School in Del Rio, and Flour Bluff High in Corpus Christi. She also competed in town, city and dis- trict tournaments as a high school player. She now plays 'rover' in the Ladies League and doing a fine job in that position as her scor- ing mark shows. Her husband, ABH2 Mark Max- well, works at Passenger Service. Coincidentally he is the coach JEAN MAXWELL game in the "A" League and 20.7 for the Lollies and also coaches the Air Ops team in the men's "B" League, In the men's "A" League, Ted Grobelmy put together 89 points in five games for NavSta giving him a game averageof 17.9 points. Though NavSta has a 2-4 record they lost two of their games by only two points. In helping Admin he has picked up 95 points in five games to give him a per game average of 19.0 points. Admin has fared better in the standings and sports a 5-1 mark, losing their only game while Grobelmy was in the hospital at the beginning of the season. Besides his fine scoring re- cord, Ted became captain and coach of the base Admin team in (See LEADERS, Page 4) TED GROBELMY The bill also allows direct loans to certain seriously dis- abled veterans who are entitled to specially constructed housing. Finally, the funding fee of .5 per cent on guaranteed or direct loans has also been eliminated. Chaplains anniversary Last Saturday, November 28, approximately l,000Navy chaplains observed the 195th anniversary of the Navy Chaplain Corps. The three naval station chap- lains, Capt. Alfred R. Saeger, IDF chaplain; Cdr. William T. Vest, senior Protestant chaplain; and Lt. Thomas F. Mahoney, Catho- lic chaplain were a part of the anniversary observers in the Navy wide event. Santa to visit FRA tonight Santa Claus is going to be a busy fellow this month. But among his many appoint- ments of a very Christmasy sched- ule, he will make it a point to visit the Fleet Reserve Home to- night and greet all the young children who wish to see him. He will park his sleigh between 7 and 9 p.m. and will wait for the children of the base to stop in. If you are talking to Saint Nicholas and you notice a flash- ing, it is only the friendly pho- tographer taking pictures for Santa's Album...and for you. Toyland also to see Santa Toyland has a surprise in store for all the young children on the base. Santa Claus will be there for the first three Saturdays in December from 10 a.m. to 1 p.m. The dates sire December 5, 12 and 19. A photographer will also be on hand to take pictures of the children with Santa Claus.

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The White Falcon

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