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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 16 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Apr 03, 1938

Page

18

Functions Of Group Housing Now Clarified

The Federal Housing Administration clarified its rental housing program under the National Housing Act amendments. The term multi ply and group housing replaces low cost housing, reflecting broader eligibility. The program supports large scale projects with up to 5 million dollars and smaller developments with mortgages from 16000 to 200000, with sponsor choice of plan and lender option to seek terms.

Washington, D. C Federal Housing Administration Federal House Administration

Storage Guidelines for Storm Doors and Sashes

Home owners should store storm doors and sashes properly after removal in spring to ensure fall usability. Lay them flat to fit frames, store in a dry well ventilated place, avoid basement walls, and consider an attic basement or upper garage storage room with outside ventilation.

Mortgage insurance terms expand for small housing projects

The administration will insure up to 80 percent of appraised value for large and small housing projects, with caps of 1,350 dollars per room for large schemes and 16 thousand to 200 thousand dollars for smaller ones. Interest caps are 4 percent and 6 percent, with a one half point annual premium on outstanding principal. The program targets wage earning and salaried renters as the main beneficiaries.

Gage-Insurance

Liberalization of Housing Act Won’t Ease Mortgage Rules

Washington DC. Stewart McDonald head of the Federal Housing Administration says liberalization of the National Housing Act will not lessen the requirements for borrowers or lenders who use the insured mortgage system.

Washington, D. C Stewart McDonald Federal Housing Administration

Chimney Safety Against Building Framing Ties

A chimney must stand independently of house framing to prevent cracks and fire. Framing should stay at least two inches from the chimney with footing depth of at least twelve inches and eight inches beyond edges. Local codes and FHA plans may fund repairs with insured loans up to ten percent of the loan.

United States Federal Housing Administration The Housing Administration

Queens Nassau Home Builders League to distribute plaques

The Queens Nassau Home Builders League will award membership plaques to its members. Membership is limited to builders who meet a standard above FHA requirements. The league reports a 25 percent rise in members since National Housing Act amendments last year liberalized rules.

Queens-Nassau Home Builders League Federal Housing Administration

Attic Studio Turns Hobby Space Into Child Art Workshop

An attic transformed into a studio supports a child's interest in painting or sculpture without disturbing the home. Guidelines include funding from a private lender under housing act terms, proper light from dormers or skylights, a separate shutoff room, durable washable walls and floors, built in furniture, and ample shelves and cupboards for materials.

Throperty Neer Credit Jamaseres Housing Act

Texas Rules on Dividing State into Five Without Congress

A claim states Texas may increase its senatorial representation by splitting into five states without Congressional approval. The assertion lacks legal basis and contradicts current constitutional procedure requiring Congress approval for statehood changes.

Washington Texas Congress

FHA loan includes architects fees for new building

Under the Property Improvement Credit Plan of the Federal Housing Administration a loan not in excess of 2500 may include architectural and engineering services. Proceeds must be used to erect a building that will be structurally complete and ready for occupancy or use upon completion.

Federal Housing Administration

Housing data shows 1937 home building peak in nonfarm areas

Federal Housing Administrator Stewart McDonald cites Bureau of Labor Statistics data indicating more one family dwellings were started in 1937 in all non farm communities than in any year since 1930.

Stewart McDonald Bureau of Labor Statistics

FHA Insures Loans Under National Housing Act

The Federal Housing Administration does not lend money. It insures loans made by private financial institutions under the National Housing Act provisions.

FHA Federal Housing Administration National Housing Act

Rooms Should Harmonize In Redevelopment Efforts

When redecorating a house care should ensure adjoining rooms harmonize. A housewife varied wall finishes from cream to dark brown across rooms opening into a central hall. Housing Administration funds may be obtained for redecorating of a house.

Federal Housing Administration

Wallpaper Borders Add Interest to Painted Rooms

A border strip of wallpaper enhances rooms with paint ed walls. Manufacturers offer hundreds of styles to fit any period. Using borders can adjust perceived room height and coordinate with private lenders under the Federal Housing Administration program.

Exterior porch rail trim fit to shed water

When installing exposed porch rail and exterior trim all pieces should join to prevent water ingress into joints. This prevents material deterioration and reduces maintenance costs.

Building employment rose in 1937 despite year end drop

The average building construction employment for 1937 was 29 percent higher than 1936, even though November to December 1937 saw a drop of 17 percent in such employment. Bureau of Labor Statistics data analyzed by the agency notes the overall gain for the year.

Bureau of Labor Statistics Federal Housing Administration

Snow and Rain Damage Foundation Settling Precautions

The article advises addressing soil settling around foundations after exterior repairs. It recommends filling sunken areas with fresh soil and grading away from the house, cleaning and painting foundation walls, removing debris and termite mud tunnels, and completing these steps before landscaping. Private lenders under the Property Improvement Plan may fund repairs up to $10,000.

Also Mentioned on This Page

Tyson T. Ferree Architect W. WashinGton St High PoInt, N. C Guilford North Main St Snow Lumber Company Western Metal Congress Los Angeles Attic Joan Blondel Norman Arrowhead Springs Calif Rhoord Bird Nicewse Severs High Point Piedmont Building and Loan Association A. B. Horney Pres W. C. Idol A. M. Richardson Aus T. Bec'y.Treas Marietta Redwine
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