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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 23, 1935
Page
6
Federal Housing Administrator James A. Moffett says the modernization credit program under the 1935 FHA plan lays the foundation for a permanent character loan system. Banks will see growth as lenders learn character credit is good business and up to 2000 loans are insured up to 20 percent with five years to repay.
The piece argues that debt satisfaction proves promises will be kept and notes banks report only a 3 of 1 percent loss on character loans. It claims by December 31, 1935, or earlier, Americans will again prove honesty in buying home repairs, sewing machines, and radios on installment plans.
Experts describe a modern laundry room as efficient and labor saving. Emphasis on ventilation dust control odor containment and a water resistant floor sloped to a drain. Windows are desirable and many washing machines exist to save time and reduce scrubbing.
City officials announce a new sewer improvement program aimed at eliminating heavy manual labor. The plan focuses on upgrading equipment and streamlining maintenance to shorten job strain for workers and improve service reliability.
Experts favor placing washing items under sunny windows for light. A power driven wringer, typically attached to the washing machine, saves time and labor.
FHA loans may cover up to 80 percent of the value of new houses or existing homes. A Cedar Rapids bank has agreed to fund loans through Hatch and Brookman up to 50 000 dollars, with more to come. Title I loans for modernization range from 100 to 2 000 dollars and are now widely accepted. Title II for new buildings has seen limited use. Prospective buyers must have a clear lot and approved plans before submitting with supporting papers for insurance and loan processing.
Housewives can save many steps by grouping sink range and refrigerator with adjacent working surfaces. A narrow kitchen with built in wall cabinets, carefully placed doors, and a table near the exterior door aids groceries. Sinks under windows offer exterior views while a nearby range and serving surface streamline cooking and storage.
Directory style listing of local building and home supply firms in Cedar Rapids and surrounding area. Firms include builders materials dealers lumber yards hardware stores and banks with names such as Cedar Rapids Gas Co Hatch and Brookman Lumber Co Hawkeye Lumber and Coal Co Home Lumber Co Iowa Electric Light and Power Kings Crown Plaster Co Lampert Yards Limback Lumber Co Montgomery Ward Nagle Eaton Lumber Ogden Lumber Peoples Savings Bank Sanford's Sherwin Williams Co Wisconsin Lumber Co.
Joe Peterka conducts a dwelling remodel at 1921 L street SW with a $300 project scope. The notice emphasizes safe board placement to keep boards free from worker shadows.
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