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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
May 07, 1940
Page
5
Howard Leland Smith of the FHA urges simple dignified designs for 2500 dollar homes built under liberalized FHA rules. Emphasis on cost saving measures includes compact plumbing, minimal halls, varied exteriors, small room sizes, stock doors and windows, and landscaping to boost marketability and long term value.
Heavy roofing materials on flat roofs create sun decks in congested areas while house tows add child play areas to keep youngsters safe from traffic. Brick stalls act as guards against falls. Funding comes from lenders under the Modernization Credit Plan of the FHA for deck work. Brick walls require expert repair when cracks or mortar failure appear.
The $2500 mortgage home financed by the Federal Housing Administration under Title I offers monthly payments under $21 for 15 years, or under $15 for 25 years under Title II, excluding taxes and insurance. Located near Annapolis Maryland, the unfinished attic could add two rooms later, with a large kitchen and built in breakfast nook.
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