Planning Low Cost Homes Guides FHA Rules
Federal Housing Administration official Howard Leland Smith urges simple dignified designs with no frills for $2,500 homes under liberalized FHA rules. Emphasize economical construction, compact rooms, concentrated plumbing, varied exteriors, and ready stocked doors windows and trim to boost value and reduce costs. Landscaping adds market appeal and long term stability.
MENTIONED IN THIS ARTICLE
Howard Leland Smith
Federal Housing Administration
FHA
Questions and Answers on FHA Insured Small House Loans
The article explains Title 1 loans for a $2500 or less home require at least 5 percent borrower investment of appraised value, in cash land or land interest, with max 15 years 5 months. Title II loans can cover 90 percent of value and run up to 25 years. It also covers space heater classifications and acceptable heating methods for small houses, including location and insulation guidance for cold floors. Title 1 loan proceeds must finance the new structure utilities. funds cannot be used for land, furniture, drapes, or appliances.
MENTIONED IN THIS ARTICLE
Federal Housing Administration
Scout meeting at Markley School hosts local leaders
The Markley Boy Scouts convened Tuesday evening at the Markley School. Adults present included A. C. Haynes W. E. Heck Edward McGucken and Clifford Spaulding among others.
MENTIONED IN THIS ARTICLE
West River Road
Markley Boy Scouts
Markley School
A. C. Haynes
W.E Heck
Edward McGucken
Clifford Spaulding
$2,500 Mortgage Home Near Annapolis Proves Feasible
The Nation’s housing push highlights a $2,750 property with a $2,500 FHA insured mortgage under Title I. Monthly payments average under $21 for 15 years, with a potential Title II plan under 315 monthly. Located near Annapolis, Md, the unfinished attic could become two additional rooms and a bath.
MENTIONED IN THIS ARTICLE
Federal Housing Administration
FHA
Annapolis
New York and California Lead In FHA Financing
Federal Housing Administrator Stewart McDonald announced that FHA insured financing of property improvements rose last year in 48 states plus the District of Columbia, with New York and California still leading but showing modest gains. Nationwide loans reached 405,970 totaling $232,547,583, up 35 percent from 1938 after Title I lending resumed.
MENTIONED IN THIS ARTICLE
Washington, D. C
District of Columbia
Stewart McDonald
McDonald
New York
California
Kansas
Louisiana
Montana
Texas
West Virginia
Florida
Scout Court of Reviews and Damages Awarded in England
John Harnish and Ike Fo gel convened a group that pledged allegiance with nearly all of twenty in attendance. Clyde I Haynes passed all tests and will soon receive a class badge. A Manchester accident case yielded 3,505 pounds to a man claiming duplicating counsel and judge appearances.
MENTIONED IN THIS ARTICLE
John Harnish
Ike Fogel
Borsal
Clyde i Haynes
Manchester
England
Contractors Plan Homes and Remodeling Projects in Elyria
Elyria builders announce new houses and remodeling work. Andrew Nieding plans a story and a half home on Brandston Avenue with basement and six rooms. Jim Giar remodels the Markham residence with cedar shingles. T. W. Meeker to frame two Boston Avenue houses with basements five rooms and attached garages. Local display features Nu-Wood wall panels and Anderson window frames. A host dinner and hockey game are planned for Saturday night at Hollenden Baron Springfield.
MENTIONED IN THIS ARTICLE
Andrew Nieding
East River Street
Brandston Avenue
Jim Giar
Markham
Cleveland Road
T. W. Meeker
Boston Avenue
Meeker
Elyria
Weyerhaeuser
Anderson Narroline
Anderson
Hollenden
Elyria Lumber and Coal Co Maintains Chestnut Street Exhibit
The Elyria Lumber and Coal Company located at 46 Chestnut Street continues operations under the Crehore's display. Dial 2211 for inquiries or orders.
MENTIONED IN THIS ARTICLE
THE
Elyria Lumber & Coal Company
Chestnut Street
Crehore’s
Also Mentioned on This Page
Vincent
BEY Scouts
Sibley Tel
New York, Calif
New Mexico
Arkansas
Idaho
Lliquis
Indiana
Iowa
Mississippi
Nebraska
Nevada
Oklahoma
South Carolina
Utah
Wisconsin
Breidasdorp
South Africa
Mals
Donald Fridenstine
East River
Ohio
Olmsted & Heeffeil
Water St
Gos Company
Parsch
Lodi Street
Lumber & Coal
DuPont Paints
Whitney Co
Chapel ST
Grafton Lumber
Grafton, Ohio
Shavinee
Mr. Nieding
John Gecelovsky
Bell Avenue
Lake Avenue
Mr. Gecelovsky
Harry Shryock
Detroit
Trehorey
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!