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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 23, 1940
Page
7
Housing Administrator McDonald reports May 1940 FHA activity near record highs with 22,053 new mortgages valued at 101 million dollars for homes to be built. Total mortgages selected for appraisal rose to 129 million, and five month totals exceed 1939 levels, signaling continued home construction momentum.
Useful tips include removing dented rug nap with a damp cloth and hot iron, patching leaks with sheet lead lining in an upstairs shower, selecting dry dimension timber for plastered extensions, creating vein relief with plaster and paint, and differences between wall and floor tiling in base and glaze.
FHA officials emphasize the roof is crucial for appearance and durability. Shingle roofs are common, wood structures favor them, while composition shingles tile and slate have distinct advantages and color cautions. Slate lasts longer but costs more, and colors must harmonize with the house.
FHA officials urge careful planning for budget kitchen remodeling. Emphasizing efficient design and sturdy construction, the guidance notes basic appliances can be affordable, with unpainted wood cabinets and inventive finishes rivaling deluxe options.
After basic neighborhood requirements are set, FHA officials say the personal element guides final choice among satisfactory neighborhoods. Factors include employment location, shopping, schools, recreation, transportation costs, and social-life facilities.
The Federal Housing Administration requires proper street installation and maintenance before any site becomes eligible for insured mortgage financing. The policy discourages speculative land development and demands either city or county maintenance or secured guarantees via bonds or escrow.
A division explained its joint role with the Underwriting Division to ensure that utilities and street improvements meet FHA requirements in full. Local underwriting staff are tasked with enforcing these standards during construction and approval processes.
In Florence Arizona John Van Winkle was wounded in the knee by a rifle bullet fired by a hunter outside the prison walls exposing security concerns at the facility.
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