1940 Home Building Outlook Bright Says FHA
Federal Housing Administrator Stewart McDonald reports an optimistic 1940 for home building as FHA insured mortgage activity and new home starts rise. The 1939 year shows record non-farm dwelling units and over 40 percent of new one family homes financed with FHA insured mortgages. The program aims to help all citizens attain home ownership with low costs and strong design standards.
MENTIONED IN THIS ARTICLE
Federal Housing Administration
Stewart McDonald
FHA
Congress
McDonald
Itts
Simple Low Cost Home Design With FHA Mortgage
A five room house emphasizes simple design and good proportions. The hood over the entrance is optional. It features a half basement housing the heating plant. Valued at $3,000, it could be financed with a $2,700 FHA insured mortgage and about $16 monthly payments for 25 years.
MENTIONED IN THIS ARTICLE
Federal Housing Administration
New Homes Under Construction In Sikeston Area
Mr and Mrs F C Kindred will take possession of a new two story frame residence on Daniel street next week. The home features living room dining room first floor and two bedrooms and bath on second floor with full basement and heating plant. Other builds include homes for H E Wood Hulen Yates Vance Montgomery Asa Edwards and Boisaubin plus rental cottages on East Gladys street and a Joe Gilders four room cottage. Sikeston Lumber Co reports ongoing reconstruction north of Sikeston after a cyclone.
MENTIONED IN THIS ARTICLE
F. C. Kindred
Daniel Street
B C Rice
Sikeston Contractor
Kindred
Mrs. Kindred
Mary Ellen
Margaret Ann
Martha Jane
Leonard
Standard Oil Company
H. E. Wood
Gladys Street
Hulen Yates
East Gladys Street
Vance Montgomery
Asa Edwards
East Gladys
East Acres
Fred Jones Jr
Joe Gilders
Jones
Kiwanis District Treasurer George Kirk Heads to Minneapolis
George Kirk the district treasurer of the Mc-Kan-Ark Kiwanis clubs will travel to Minneapolis Minnesota next week to attend the national Kiwanis convention.
MENTIONED IN THIS ARTICLE
George Kirk
Mc-Kan-Ark Kiwanis Clubs
Minneapolis
FHA Construction Reaches New Records in May
The St Louis FHA office reports a record week ending May 17 with 121 mortgage insurance applications totaling 584 700 including 95 new home loans worth 450 400. District director J W Kuhlman notes strong year ahead as FHA backing expands home ownership. Dr A L Bomer Tom Boyce of Poplar Bluff and Wm Russell of Springfield visited local families Wednesday.
MENTIONED IN THIS ARTICLE
St. Louis
Federal Housing Administration
J. W. Kuhlman
Kuhlman
FHA
A. L. Bomer
Tom Boyce
Poplar Bluff
Wm. Russell
Springfield, Mo
C. H. Denman
John Russell
Southeast Missouri Packing Co. opens Sikeston plant
Many visitors toured Sikeston’s new Southeast Missouri Packing Company plant last Sunday and through the week. Located a half mile east of Sikeston off Highway 60 the brick building features a second story of apartments over the north third. Owners report a highly satisfactory first week with orders growing for Sunny South meat and by product brands.
MENTIONED IN THIS ARTICLE
Southeast Missouri Packing Co
Sikeston
Southeast Missouri Packing Company
Highway 60
Sunny South
Also Mentioned on This Page
Herald
V. P. Boisaubin
Sikeston Lumber Company
Shelvador
W. Front St
Eubanks Lumber Company
Q. K. Eubanks
East
Sikeston, Mo
Cape Cod
Powell Insurance Agency Loans and Insurance
E. C. Robinson Lumber CO
Board OF Public Works
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