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Newspaper
Hyde Park Herald
Location
Hyde Park, Illinois, United States of America
Date
Apr 22, 1964
Page
4
Registration for kindergarten and first grade in Chicago Public Schools runs May 1 through May 15. Parents should register during the week, 8:30 A.M. to 3 P.M., with Dr. Cohler noting residence. Under the admissions plan, children born on or before December 1, 1964, who will be five or six by fall, are eligible for the 1964 opening.
The Museum of Science and Industry will adjust visiting hours next Sunday March 26 as daylight saving time returns to the Chicago area. Through late October the museum will open 9:30 a.m. to 5:30 p.m. Monday through Saturday and 10:00 a.m. to 6:00 p.m. on Sundays and holidays. Admission remains free.
Lawrence Landry a Chicago boycott leader and executive director will address an April 23 meeting of the Fifth Ward Independent Voters of Illinois at the home of Mr and Mrs Stunt Chase 5436 Hyde Park Ave The talk covers school integration militant roles in civil rights and related issues Three local women are named nominees for Volunteer of the Year including Mrs J Coert Rylandsham Mrs Lester Greenberg and Mrs Homer Harlan. awards luncheon slated March 30 at the Palmer House.
FHA insured loans offer 40 year terms at 5.25 percent with a 4 percent down payment for single family homes, loans up to 25000 and loan to value from 97 percent to 75 percent. Multi family rentals allow 90 percent for 40 years. Conventional loans through S and L associations and banks range 5.5 to 6 percent with 75 percent LTV, 20 to 30 year terms, 25 years max in prime areas. A dwelling cost of 22500 illustrates ownership program details.
The article explains FHA Section 221(d)3 as a below market rate program for moderate income families in Chicago. It covers eligibility income limits, ownership forms, cost caps, loan portions for non profits and co operatives, and savings from lower interest rates and waived mortgage insurance, noting unit cost constraints for larger families.
In the record an income table lists monthly limits per family size with accompanying dollar figures. The figures show income thresholds of 7,150 119 dollars. 8,400 140 dollars. 9,650 7160 dollars. and 181 dollars in La.
Corrections for last weeks urban renewal site proposal issue correct multiple bids. Kenwood Town Homes LR 1 2 3 lists a four bedroom townhouse at 19 472 with no garage and one bath. a selling listing shows 18 208 50 with no garage and one bath on two levels.
Philip M. Hauser a University of Chicago sociology professor and editor of the Hauser report on school integration will join Edwin C. Kerry of the Chicago Urban League and Anthony Sciarano of Park Forest for a panel tonight at KAM temple 930 E 50th The discussion titled Integration Chicago's Challenge addresses city school integration issues.
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