Paradise Valley High School to Add 1 Million Dollar Complex
Paradise Valley High School begins a 1 million dollar expansion including a 28 000 square foot Humanities Classroom Building a new arts and industrial arts addition a 100 000 square foot student commons area and new parking. The project by E L Jones Construction is to be ready for September.
MENTIONED IN THIS ARTICLE
Paradise Valley
Paradise Valley High School
Drover
Neaw
Comemons
E. L. Jones Construction Co
Phoenix
SBA offers revolving line of credit to small builders
The Small Business Administration extends a revolving line of credit for small contractors with banks handling loans and SBA guaranteeing up to 90 percent, max 350000 dollars. Eligibility requires 12 months of operation and inability to obtain financing without guarantee. Proceeds must fund labor and materials on specific contracts.
MENTIONED IN THIS ARTICLE
Small Business Administration
Stan Goldberg
SBA
Goldberg
Phoenix
HUD Breakthrough housing program aims to modernize nation
HUD reviews two years of Operation Breakthrough with 2900 prototype units in nine demonstration neighborhoods across the United States. Harold Finger cites aims including prefabrication, uniform codes, improved financing, and changing consumer attitudes toward factory built housing while targeting 26 million new homes this decade.
MENTIONED IN THIS ARTICLE
Washington
UPI
Department of Housing and Urban Development
Harold B. Finger
HUD
Finger
Indianapolis
Jersey City
Kalamazoo
Mich
Macon
Local builder starts largest federally funded housing project
Wm. Lyon Development Co begins a $4 million project on the Navajo Nation in Shiprock New Mexico creating about 250 single family homes and apartments. The effort, the largest federally funded housing effort on an American Indian reservation, expands jobs for Navajo workers and includes a Labor Department managed on the job training to funnel participants into apprenticeships. Lyon plans eight more single family developments in Arizona including Phoenix Sierra Vista Page Miami and Nogales.
MENTIONED IN THIS ARTICLE
Phoenix
Wm. Lyon Development Co
Vic Frandsen
Shiprock
New Mexico
National Council On Indian Opportunity
Frandsen
Lyon
Southwest
Labor Department
Wm. Lyon
Arizona
Sierra Vista
Page
Miami
Nogales
Fed Raises Discount Rate in Bid to Curb Inflation
The Federal Reserve Board boosted the discount rate from 4 percent to 5 percent, signaling concern over ongoing cost push inflation. Chairman Burns urged an incomes policy to restore price stability with high employment, contrasting it with austere budgeting and tight money.
MENTIONED IN THIS ARTICLE
Washington
UPI
Federal Reserve Board
Nixon
Federal Reserve Banks
Arthur F. Burns
Burns
House
Senate Economic Committee
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