Requirements for Housing Based on Section 935 Interpretations
Washington borrowed policy aims ease credit hurdles for low income families under Section 935 of the Housing Act. The FHA told local offices to interpret credit standards liberally to reflect the act’s intent. Explanations cite illness unemployment relocation and attendant expenditures as extenuating, and note prior timely rent or mortgage payments can offset poor credit history if housing costs stay stable.
MENTIONED IN THIS ARTICLE
Washington
FHA
PHA
Printing Firm Expands Locally and Internationally
Edward J. Farrell notes XKeator Nesbit Enterprises, Inc. KNE, Inc., started in 1967 from a Pearl Street cellar, now operates from larger digs and eyes branches from Albany to Atlanta, with Itek camera technology producing fast offset plates and a Transceiver facsimile network enabling nationwide document transmission. The firm expands offices in Pittsfield, Springfield, Rutland, and seeks New York and New Jersey sites as major growth continues.
MENTIONED IN THIS ARTICLE
Xkeator Nesbit Enterprises, Inc
Pearl St
Think International
KNE, Inc
George Keaton
Puerto Rico
Keaton
Pittsfield
Itek
KNE
Keator
Stek
Albany
N.Y
Springfield
Rutland
New York
North Jersey
South Jersey
Atlanta Ga
Joel Librizzi
ANE, Inc
Pinefield
Doal
Summer Street
Lumber Prices Plunge From Winter Peak
U S lumber and plywood prices retreat sharply from last winter’s highs as mortgage loan shortages shrink single family housing demand. West Coast prices have fallen over 50 percent since February, with plywood at 62 per thousand square feet and two by fours down to 85 87 per thousand board feet.
MENTIONED IN THIS ARTICLE
New York
United States
White House
Weyerhaeuser Company
Weyerhaeuser
Smith
Vacancy Rates Continue To Decline Across Housing
Washington reports the 1949 first quarter vacancy rate in homeowner housing fell to 0.9 percent from 1.1 percent last quarter and 1.0 in early 1968. Rental housing sits at 5.1 percent, near the prior quarter’s 4.59 percent and below 5.3 percent from 1968. Within MSAs first quarter 1969 rents at 4.3 percent, outside areas 6.9 percent. Regional rates show 2.9 percent in the West Northeast and 1.6 percent in the South.
MENTIONED IN THIS ARTICLE
Washington
Bureau of the Census
Cear
Lnwest
Also Mentioned on This Page
Edward J. Farrell
Pearl Street
Yon
Keator Nesbit Enterprises
Don & John
Dettinger Lumber CC
Warren Terrace
Berkshire
Felies
Hampden ST
Springfield, Mass
R. A. Electrical Contractor
Audrey
Dalton
Robert Smith
C. C. Crow Publications
Etylic
Childs & Bishop
Chivose
North ST
Alice Fox
Draperies
Keator Nesbit Enterprises Inc
Martino ‘Sic
Tyler ST
Engeland
Franklyn Withers
Merrilia Ave
Hungerford St
Ron Cuenin
Ota
H. B. Foster, Inc
Newell
Bridge St. Great Barrington
Pierce
Atlantic
Swea
Bear
South ST
New West ST
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