USDA Rural Development Specialist Janine Stephenson recently recognized a homeowner in celebration of National Homeownership Month. A certificate was presented to Larry G. Ranabargar in acknowledgement of his success at achieving the dream of homeownership. In addition, a certificate was presented to Lisa Kairy, Prestige Realty, for her continued support of USDA Homeownership Programs.

USDA Rural Development Specialist Janine Stephenson recently recognized a homeowner in celebration of National Homeownership Month. A certificate was presented to Larry G. Ranabargar in acknowledgement of his success at achieving the dream of homeownership. In addition, a certificate was presented to Lisa Kairy, Prestige Realty, for her continued support of USDA Homeownership Programs.

“In rural communities, finding a home with the necessary accommodations for families can be difficult. What is needed is a well-maintained and adequate home that individuals or families can be proud to call their own,” said Stephenson. “Larry Ranabargar is a great example of what it means to achieve the American Dream of homeownership. We are proud to be a part of his success.”

Ranabargar purchased a Lustron home, formerly owned by Ball Investment Group, LLC, and this home is quite unique. Lustron Homes are prefabricated enameled steel homes that were developed in post-World War II era in response to the shortage of homes for returning soldiers. The Lustron Corporation was formed in January 1947, and started production to build a home that would defy weather, wear and time. Production took place in 1948 through 1950 with 2,498 homes being constructed. Each home had approximately 3,300 individual parts that were loaded on a single trailer and delivered to the building site. The established builder erected the house package on a concrete foundation. Everything from the frame to the shingles are steel. The interiors were designed with an eye toward modern age and ease of cleaning. Eventually Lustron lost money on these homes and went bankrupt in 1950. There are 2000 of these homes still in existence in 36 states, and Ranabargar was lucky enough to find one of these in Hannibal and purchase it for his own.

With the help of Rural Development’s Single Family Housing Program, Ranabarager is able to own a two-bedroom, 1021 sq. feet, Westchester Design, Lustron Home that meets his needs. The home was kept in its original condition and will have little maintenance in the years to come.

Further information on additional programs is available by visiting the USDA Missouri Rural Development website at http://www.rd.usda.gov/mo . Interested parties may also contact the New London Sub-Area Office at (573) 985-7211, Ext. 4.

USDA, through its Rural Development mission area, has an active portfolio of more than $218 billion in loans and loan guarantees. These programs are designed to improve the economic stability of rural communities, businesses, residents, farmers and ranchers and improve the quality of life in rural America.

USDA is an equal opportunity provider, employer and lender.