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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 11 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 14, 1940

Page

18

FHA Home Construction Surges to New Weekly High

Residential building rose in late March as spring weather boosted activity. FHA data show 3,274 housing starts under FHA inspection, surpassing the prior week and the 1939 period, with mortgage applications continuing at pace amid the FHA program.

Fedal Stewrt McDonald

Heating Plant Demands Check At Season End

The heating plant should be included in the Spring house cleaning program. Moisture in basements from April showers may damage soot lined heating surfaces. The annual Spring cleaning should thoroughly clean the firebox and flues and remove the smokepipe.

FHA Insured Mortgages Peak as New Home Building Growth

Mortgage activity rose with 4,966 new home loans selected for appraisal in the week, up from 4,434 the prior week and 4,268 in the same period of 1939, which marked the year’s high. Construction began on 122 small homes under Title I, and about 500 plans were received for appraisal.

FHA urges use of architectural service to improve small homes

The Federal Housing Administration promotes professional architectural service to raise the standard of modest homes. Administrator Stewart McDonald says FHA does not mandate but recommends architects for plans contracts and supervision to ensure quality, cost savings, and proper use of space.

Federal Housing Administration Stewart McDonald McDonald FHA

Federal housing plan may reduce next fall repairs

Officials from the Federal Housing Administration say a plan to seal edges of doors and inspect draft controls and oil tanks could cut future repair costs. The measure involves checking and oiling, cleaning, and flushing components to prevent major troubles in the coming season.

Federal Housing Administration

FHA Influence Felt By Lower Income Groups

The FHA mortgage insurance program expanded home ownership for modest income families in 1939. McDonald notes costs were kept in line with incomes, with median FHA buyers at 2457 dollars and payments averaging 13.2 percent of annual income. The typical home value exceeded twice the buyer’s income, in line with housing economist guidance.

FHA Stewart McDonald McDonald

Poor Construction Outlawed By FHA

FHA extends its inspection plan to homes under 2500 dollars, applying Title I rules with the same standards as Title II properties. Officials say inspections curb inferior materials and bad construction methods, boosting builder confidence for lower income home buyers.

Federal Housing Administration FHA

Upkeep Cost Guides Material Choice in Home Building

The FHA notes two cost types in selecting building materials original and upkeep costs. In tech and low priced builds, aim for materials with the lowest original and upkeep costs though local conditions affect nationwide applicability. Wood may be favored where upkeep is high, while some regions favor lower upkeep alternatives.

Federal Housing Administration FHA

Sleeping Porch Expands Family Living Space

For growing families extra space can come from a sleeping porch. Modern sleeping porches offer year round usability and can be financed under the Modernization Credit Plan of the Federal Housing Administration. A bedroom roof with a window door makes a good sleeping porch location and siding should match the house.

Federal Housing Administration

Floods Cause 11 Million Damage to Chinese Railway System

Recent floods cripple a major Chinese railway system causing estimated damage of 11 million dollars. Authorities assess repairs and reconstruction needed across affected routes and facilities.

China

Welsh Coal Miners Vote on War Stoppage

In South Wales a vote among 127000 coal miners produced only 33000 in favor of stopping the war, signaling limited backing for an end to hostilities despite broad turnout.

South Wales

Also Mentioned on This Page

Paramount Theatre M. Sessions W. Wash A. Mitchell Lucas Durafilm Mer EE Ourafilm Snow Lumber Co Small Homes Architectural Service Bureau Paramount Trinidad Lake Aphalt Hedgecock Lumber Company Ward Street Archdale Mendenhall-Thompson el Saltor Washington Street Weil Iele ENNOX North Main Street HaMi Ton Boone Lumber CO Rose Furniture CO South Main Marietta Hardware Company
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