Telegram from Mr. Johnny L. Leonard to Congressman James R. Jones regarding FHA loan authority

Mr. Johnny L. Leonard, President of Tulsa Real Estate Salesman's Association, sent a telegram urging for an extension of FHA loan authority. A bill was passed authorizing an extension until October 1, 1973, which has been signed by the President. Congressman James R. Jones responded to Mr. Leonard's request, expressing hope that the extension will relieve burden on homeowners and lenders. He also mentioned that a permanent extension may be enacted after August recess, allowing the building industry and lending institutions to resume normal operations.