Builder Sees Bright Future for $2500 Homes in East
A land builder and architect in Annapolis Maryland outlines success with five $2500 houses for Naval Academy families. FHA insured loans, 5 percent down, 7 years then 15 year amortization after regulatory changes, spurring expansion to Forest Hill Colony Hill and new Maryland projects near Baltimore Morgantown and Washington.
MENTIONED IN THIS ARTICLE
Landveight
Forest Hill
Colony Hill
RFC Mortgage Company
Baltimore
Morgantown
Maryland
Washington, D.C
FHA homes exceed 40,000 in 1940 to date
Federal Housing Administrator Stewart McDonald announced that more than 40,000 new small homes had been started under FHA inspection in 1940. Through April 20, 38,743 homes were started, up 15 percent from 1939, with weekly starts over 3,000 since March and a 25 percent gain over last year for the five weeks ended April 20. Applications for FHA mortgage insurance on new homes passed 60,000 by April 20, with 58,655 filed through that date, up 14 percent from 1939.
MENTIONED IN THIS ARTICLE
Stewart McDonald
McDonald
FHA
FHA Subdivisions Contained Sites For City Of 1 132 000
Federal Housing Administration land planning division analyzed subdivisions last year with enough home sites for a city of 1 132 000 people across 132 square miles. Director Seward H. Mott said this hypothetical city would rank among the nation’s largest and that every home would be well built in a cohesive neighborhood with utilities and access to schools and shops. He noted 1939 and 1940 planning activity rose sharply, signaling further expansion, and that FHA planning helps cities, developers, and home buyers through safeguards and increased property value.
MENTIONED IN THIS ARTICLE
Federal Housing Administration
Seward H. Mott
Mr. Mott
United States
New York
Chicago
Philadelphia
Detroit
Los Angeles
Atlanta
New Orleans
Mott
FHA
Warm Weather Relief Gained By Attic Fan
Household owners welcome spring breezes and relief from heat. Attic fans provide cheap practical cooling for moderate homes by exhausting warm air from first and second floors and replacing it with cooler night air. Low installation cost adds to their appeal.
FHA Emphasizes Development Standards for Subdivisions
Seward H. Mott of the FHA Land Planning Division warns that subdivision quality shapes resident character. He cites seven major ailments including premature subdivision improper market analysis poor location lack of utilities and amenities weak restrictions and badly designed plans that raise costs and burden taxpayers.
MENTIONED IN THIS ARTICLE
Seward H. Mott
Federal Housing Administration
Land Planning Division
FHA
New Cement Process Aims to Improve Basements and Homes
A case hardening concrete process developed with the U S Bureau of Reclamation may keep basements dry and enhance home appearance. It uses absorptive form lining to remove trapped air and water, reducing pits and boosting abrasion weathering and chemical resistance. The method could aid repairs under FHA Modernization Credit Plan.
MENTIONED IN THIS ARTICLE
U. S. Bureau of Reclamation
Federal Housing Administration
Also Mentioned on This Page
Luilder
Anapolis
Xplains
Ted States
Kirts
Annapolis
Ibert FE. Landveight
Anolis Banking & Trust Co
Landovight
United States Naval Academy
Prudential
Manley Sessions
Allen Mitchell
The
Prudential Insurance Co. of America
Washington Street
Pac
Toen
Lennox Gioho
Bento
Lennox
Fairbanks-Morse
Stoker
Trinidad Lake
Genasco
Hedgecock Lumber Company
Ward Street
Marietta Paints
Marietta
Redwine
Hardware Company
North Main Street
Sherwin-Williams Paints
High Point Hardware CO
South Main ST
Jon
Speedlay
Hamilton
Boone Lumber CO
Rose Furniture CO
South Main
le Cea
Namen Paints
Durafilm
Snow Lumber Co
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!