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Monahans News in Monahans, Texas

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Newspaper

Monahans News

Location

Monahans, Texas, United States of America

Date

Jun 25, 1959

Page

9

FHA Birthday Celebration Highlights 25 Years of Home Finance

President Eisenhower praised the Federal Housing Administration at a Washington birthday event attended by about 1,250 people. The FHA has funded five million home purchases and 22 million home improvement loans in 25 years, with a robust financial record and substantial private-government partnership. Congress prepares to approve a reduced housing bill of 1.37 billion, easing down payments on FHA mortgages and trimming other programs while debt limits rise.

Eisenhower Washington Federal Housing Administration FHA Franklin D. Roosevelt Sheraton Park Raymond J. Saulnier Roosevelt Texas 16Th Congress House Senate White House

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