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Lincoln manager honored by USDA Rural Development

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[September 21, 2007]  CHAMPAIGN -- The Illinois director for USDA Rural Development has announced that Michael Booher was selected the agency's Manager of the Year. Booher, a resident of Lincoln, is a loan specialist and manager for the Rural Development office in Lincoln.

Joining the agency in 1966, Booher has been a leader in the development and delivery of the guaranteed single-family housing program, setting the course for Illinois' unequalled success with guaranteed rural housing loans.

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Much of this success is the product of the relationship Booher cultivated with the State Bank of Lincoln. The result of this partnership has had broad-reaching benefits for the rural housing market in Illinois. As one of the top lenders in the state and nation, the State Bank of Lincoln is helping expand the Rural Development program by serving as a secondary market for guaranteed home loans made by other lenders in the state.

Booher and his staff were one of only seven Rural Development offices in the nation to pilot the agency's Guaranteed Underwriting System. All their recommendations have been incorporated into the system that speeds up the loan approval process.

Booher has a reputation as a good trainer and continues to ensure Rural Development's success in Illinois by preparing and integrating new staff into the agency's programs. He has been acknowledged for support of his staff, helping clients in need and assisting his fellow workers throughout the state.

Besides financing for single-family homes, Rural Development offers a variety of low-cost financing options and grants for community facilities, multifamily housing, water and sewer systems, and business development, with regional offices throughout the state.

[Text from file received from USDA Rural Development in Illinois]

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