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This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Mar 12, 1939
Page
10
High Point postmaster lauds the Y M C A drive led by Welch Harris and Nathan Ayers. He credits the rebirth of the High Point Spirit to renewed civic effort and calls for residents, especially young people, to invest in the city’s future and real estate as a sign of confidence.
FHA officials say suitability is a key factor in insured mortgage acceptances. Builders should plan for efficient flow, ample wall space, glass use, simple design, flexible dining, outdoor living, kitchen efficiency, accessible garage, wiring, laundry, minimal waste, proper orientation, and private room relations.
The article argues for ample electrical outlets in well lighted rooms to serve readers, players, and sewers. It notes connections for radios and clocks, and suggests rewiring as a potential improvement funded by the Federal Housing Administration credit plan with private lenders insured by the FHA.
The city embarks on a forward plan to elevate its real estate worth. If a parcel held value in the last decade it now merits pursuit, signaling a push to secure ownership and elevate future valuations.
The article clarifies that fully insulated means insulation in both walls and the roof or top floor ceiling. It warns buyers not to accept ceiling insulation alone and notes methods for new and existing homes such as bat insulation between studs and joists or loose-fill insulation in walls and ceilings.
New York Life Insurance Co finances housing for more than 11,000 families through FHA insured mortgages. Alfred L. Aiken notes FHA insured loans totaling about $5 million with commitments over $13 million, covering large rental projects and small homes across 13 states plus DC. The company held substantial FHA backed loans and emphasizes the security and growing equity of long term amortization.
Health officials warn old plumbing menaces public health and urge upgrading to modern fixtures and water lines. The property improvement credit plan backs FHA insured loans for modernization and new installations while buyers should select durable high quality fixtures and practical styles.
Farmers can upgrade farms with FHA insured mortgages and short term property improvements. Eligible repairs include painting carpentry plumbing heating electrical systems masonry plastering and new rooms. Loans up to 16000 available with at least 15 percent for construction or improvement. Funds come from FHA approved lending institutions.
In buying electrical equipment for a new home the FHA warns owners to check whether direct or alternating current is available. Many appliances run on direct current only and will not work on alternating current. Direct service areas are declining but remain a factor. Buy appliances that operate on either current in case of a service change.
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