Rulings Liberalize FHA Modernization Loan Equipment Eligibility
Federal Housing Administration rules now include most built-in home items under modernization loans. Eligible items cover domestic water heating, oil burners with storage and controls, air conditioning, gas and electric ranges permanently installed, linoleum, and built-in furniture like dinettes and bookcases. Washing machines remain movable and not eligible. built-in safes and landscaping are noted.
MENTIONED IN THIS ARTICLE
Federal Housing Administration
Heating and Plumbing Loans Surge Under FHA Plan
The American Radiator and Standard Sanitary Corp reports 41 percent more modernization and repair loans in 43 days than all of 1933, with weekly loan applications up 50 percent. The company has 2999 contractors ready, average loan about 580 dollars, and 75 percent of applicants approved. Loans support nearly 8000 jobs in heating, plumbing, sanitation, and air conditioning under the FHA plan.
MENTIONED IN THIS ARTICLE
Washington, DC
Oel
Standard Sanitary Corporation
Federal Housing Administration
James A. Moffett
Marshall Adams
Adams
Hot Administration
Federal House Administration
Brick-Like Asphalt Siding Brings Low Maintenance Look
A new asphalt siding product lets homeowners clad old brick or clapboard walls with painted brick appearance. Installable over existing walls, it requires no upkeep and comes in several colors, offering a durable, low maintenance option for a modern brick look.
Outside Light Switch Incident Limits Steps and Loss
A report notes a contact switch failure on an exterior light circuit causing a fall on steps and resulting damage. Investigators cite inadequate illumination and possible wiring strain as factors. No names or organizations are provided.
Fragmentary notes on construction and eviction terms
Incomplete OCR fragment mentions various building elements such as wood walls and stone terranes amid pavilions. It excludes Hawers and ghruhs and provides no clear event, date, person, or organization to anchor a fuller report.
MENTIONED IN THIS ARTICLE
Iran
Housing Question Box on termites and home safety
The article answers reader questions on termite prevention and moisture control, FHA loan info, lightning protection, wall papering advice, weatherproofing, and modernization loans. Key points include moisture-proof cellars, using concrete or treated wood, shielding around foundations, proper drainage, grounding metal roofs, and scraping old wallpaper for best results. It also notes FHA does not lend directly and suggests banks or approved lenders.
Modernization loan charges clarified by FHA analysis
Carlisle David of the National Lumber Manufacturers Association clarifies FHA calculations on discounted versus prepaid interest for insured modernization loans. He notes critics misread the table, explains net costs to borrowers, and contrasts with traditional unsecured installment lending.
MENTIONED IN THIS ARTICLE
Federal Housing Administration
Carlisle Davidson
National Lumber Manufacturers Association
Cammerv Piper
Charses
Waterproofing Before Back Fill In For Concrete Walls
When waterproofing a structure, apply before back filling and coat the exterior to resist water or dampness. For mild ground water, a cement mortar layer works best, typically a half inch of Portland cement mortar mixed with sand and additives, applied to the outside wall.
Lighting of the Home and Reading Conditions
The article discusses how sight depends on three factors: the eye the task and especially light. It argues ideal reading occurs outdoors in shade yet practical lighting should be sufficient to distinguish utensils and avoid glare. It lists four requirements for good lighting to prevent eye strain and fatigue.
MENTIONED IN THIS ARTICLE
Hecht
Plan for Quick Home Repairs Offers Long Term Savings
The note urges homeowners to act now to repair and improve for comfort and status, arguing current costs are low versus future prices and that minor interest or discount concerns are trivial compared to future value. It frames timely action as necessary for beauty, efficiency, and family welfare.
MENTIONED IN THIS ARTICLE
Tamfort
Housing Meetings in 22 Industrial Centers
The Federal Housing Administration announces a series of regional meetings in 22 industrial centers to promote the Ketter Housing Program to industry. Attendees include manufacturers, building material firms, sales and advertising managers, and leaders of building trades associations.
MENTIONED IN THIS ARTICLE
Poederal Housing Administration
Fis Industries
BL J. Flynn
Fis
W. D. Flanders
Ketter
Detroit hotel group cuts apartments into smaller units
Owners of a 100 room Detroit complex solved vacancy and rent issues by dividing the building into three and four room apartments and adding modern kitchens. The plan follows meetings with public utilities and city agencies at Hotel Cleveland in Cleveland on October 25.
MENTIONED IN THIS ARTICLE
Wiverising
Floanudal Iirestitution Public Utilities
Eus and Electric
Cleveland
Moderentaig Epechiens
Detroit
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