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!
This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
Sikeston Herald
Location
Sikeston, Missouri, United States of America
Date
Aug 31, 1939
Page
4
A dignified New England house represents multiple construction types with a simple exterior and 35 traditional interior arrangement. Its efficient space use and honest design appeal to many, built in Massachusetts with FHA insured mortgage of $5,900 and a valuation of $6.60 by FHA officials.
The Federal Housing Administration unveiled a plan to finance small homes costing no more than $2500 with a 5 percent down payment. Loans, issued at a discount rate of $3.50 per $100, must be repaid in 15 years, with the insurer’s half percent annual premium paid by lenders. Targeted at low-cost housing in regions with low land values, the program aims at audiences earning $900 to $1500 annually and expects strongest uptake in southern and smaller cities.
Mr and Mrs O T Elder have moved into a six room modern frame house on North Ranney street with three bedrooms on the second floor and a living room dining room and kitchen on the first floor. The elder residence is owned by Mrs C A Cook. Proctor family from Henderson Kentucky will take over the vacated home. Construction starts on new six room buff limestone home for Mr and Mrs E R Putnam Sr on North Park street with three bedrooms basement bath and modern conveniences. C M Taylor is contractor. A five room brick home for John R Reed on Moore Avenue begins with Vern Edwards as contractor, basement furnace bath and conveniences. Work to begin soon on a North Vernon Avenue brick five room home for Mr and Mrs Charles Bethune. The William Street home for Mr and Mrs Arthur Maxey is near completion with five rooms bath and basement furnace. C W Hollister is contractor.
The big excursion steamer President will arrive in Cape Girardeau for a Moonlight Dance Trip on Tuesday September 12.
Shutters add to the appeal of period homes when authentic in design. Manufacturers now produce shutters that conform to the architectural style of common period houses.
Washington report shows more than 90 660 new homes in subdivision areas eligible for FHA insured financing for the first half of 1939. Over a third already under construction, indicating strong housing demand. FHA land planning chief Steward Mott notes the estimate may exceed 93 800 when accounting for unused lots and future growth.
The FHA Land Planning Division urges communities with weak zoning to establish regulations to gain mortgage insurance benefits. Lenders push rezoning as banks hesitate to fund homes in commercial zones, influenced by FHA underwriting that warns of risks to residential investment. Widespread vacancies in commercial zones prompt officials to revise expansion forecasts.
Termites ruin about 50 million dollars worth of property in the United States each year with roughly 95 percent of damage due to subterranean termites. These insects number nearly two thousand species and require moisture to survive.
Figures from the National Housing Act record show FHA progress toward its aims. Private lenders had advanced $839,559,606 in property-improvement loans through June 30, and June marked the largest volume since the Modernization Credit Plan revival.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.