FHA Stabilizes Residential Building Market Through Stimulus
McDonald outlines FHA measures to renew stability in housing by releasing mortgage funds during downturns and monitoring construction trends. He cites past overbuilding and a drop from 900,000 to 50,000 units, and notes FHA debentures help banks avoid foreclosures that freeze lending and reduce construction.
MENTIONED IN THIS ARTICLE
McDonald
FHA
Thas
Federal Housing Administration
United States Treasury
Economy Impossible With Cheap Paints
FHA officials say cheap paints are impractical and costly in the long run. Industry data show cheap paint may seal, crack, and fail after about 18 months, requiring scraping and burning before repainting, while good paint lasts two years with only chalking and no extra priming.
MENTIONED IN THIS ARTICLE
FHA
Understanding softwood and hardwood in lumber
Lumber is divided into two groups: softwoods from conifer trees like pines spruces hemlocks and cedars and hardwoods from non cone bearing trees such as maple oak and popular. The terms do not always reflect hardness with longleaf pine and Douglas fir harder than popular yet classified as softwood and hardwood respectively.
Window swelling in rain remedy guide
Advice to loosen the sash stop when windows swell after rain. If needed, let the sash dry then apply a thin coat of paste floor wax in the sliding grooves or linseed oil. If still tight, remove and plane one side. Weather stripping also helps ease sliding and reduce air infiltration.
Building Paper Recommended Behind Exterior Frames
Building paper should always be used under surface materials to stop air, moisture, and dust. Use waterproof, air and moisture resistant paper that is vapor permeable, strong enough to install without tearing, and fastened by cleats or nails. Nail strips around openings and tap joints well. It adds little insulating value.
FHA Finances Stable Despite Small Charge Against Reserves
Federal Housing Administration reports a steady financial status with minimal charges against the Mortgage Insurance Fund while mortgage insuring operations run at record levels. Through April 30 1940 FHA acquired 1565 small properties valued at about 7.41 million dollars, 844 sold for 3.80 million while 721 remain with a 5.63 million book value. Net charges totaled 463 255 dollars against a base of premium paying mortgages totaling 2.18 billion dollars. Losses on property sales are kept low due to cautious risk and neighborhood standards.
MENTIONED IN THIS ARTICLE
Federal Housing Administration
Stewart McDonald
FHA
McDonald
New Developments In Home Equipment Add To Comfort
The article notes a trend among American builders toward adopting the latest household devices and materials to boost home convenience and appearance. It highlights innovations such as self cleaning asbestos cement siding, a versatile plaster base and vapor barrier, a corner cabinet, combined storm sash and screen, new dyes for floors, prefabricated metal interior panels, and an aromatic interior finish for closets and cupboards. Financing options via the Modernization Credit Plan of the Federal Housing Administration are mentioned.
MENTIONED IN THIS ARTICLE
Federal Housing Administration
Forced Air Brings Comfort In Summer
The revised FHA booklet Mechanical Equipment for the Home notes forced air circulation cools interiors. Indirect cooling uses fans or attic exhaust to move air, with attic moisture and roof wetting aiding heat removal in dry climates. The pamphlet aims to help buyers choose wisely and is sold by the Government Printing Office for 190 cents.
MENTIONED IN THIS ARTICLE
FHA
Government Printing Office
FHA Activity Boosts Credit of Community
FHA insured mortgage financing enhances municipal credit by ensuring property taxes are paid in advance. Administrator Stewart McDonald notes that investors favor this system as it spreads annual tax payments over 12 months, reducing delinquency risk and easing costs for moderate income buyers.
MENTIONED IN THIS ARTICLE
Federal Housing Administration
Stewart McDonald
McDonald
Availability of Schools Guides Community Choice
The Federal Housing Administration notes schools are a key factor in choosing where to live. Home buyers seek assurance that suitable schools exist or are planned for the future in the community.
MENTIONED IN THIS ARTICLE
Federal Housing Administration
Hints For Home Owners FHA Wax Removal Steps
FHA officials advise removing all wax before refinishing floors. If wax requires rubbing to polish, soften and wipe away with turpentine or mineral spirits, then clean again. For non rubbing wax use a household cleaner with warm water to remove it.
MENTIONED IN THIS ARTICLE
FHA
Interiors for small homes reflect practical decorating
FHA officials urge simple yet distinctive interiors for small homes. Kitchens should improve daily life with cheerful design, pale yellow walls trimmed in black woodwork, and linoleum flooring in a black and cream check pattern.
MENTIONED IN THIS ARTICLE
FHA
Ready Made Garages Under FHA Modernization Plan
Funds from qualified private lenders under the Modernization Credit Plan may be used to purchase and install a steel garage, sold in sections and ready for erection. The structure is fire resistant, making this garage type highly desirable.
MENTIONED IN THIS ARTICLE
FHA
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Ion
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North Main and
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Duthern Avenue
Rose Furniture CO
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Hamilton
Burton St
Willis Ball Park
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Shusgee
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