MEDFORD MAIL TRIBUTE, MEDFORD, OREGON", THURSDAY, JUNE 13. 1935.
7400 Communities to Start Construction New Homes on Saturday
I
Make Additional Room by Utilizing Attic
PAGE SIX
REPAIR and PAINT
Your Home By the
HOME LOAN PLAN
And Use the Best Materials
IN EFFORTS FOR
EXCEED CREDIT, IS
BETIERKING
Special Exercises to Mark
Day In Many Key Cities
250,000 Volunteer to
Assure Success of Plan
WASHINGTON, D. C May 18.
new homes will begm simultaneously
(6pl) A great masa comtructlon of
In hundreds of conmunltlea all orer
the country on Saturday, June 16. In
celebration of National Better Hous
ing Day. This announcement was
made today by Stewart McDonald,
acting federal housing administra
tor. Special exercises In observance of
National Better Housing Day art be
ing planned for each of more than
7400 communities In which better
housing committee chairmen have
been appointed.
In each community where ths local
Committee Is functioning actively,
plans are already under way for the
construction of from one to twenty-
five new model homes under direct
sponsorship of the committee. Act
ual construction on all these homes
Is being scheduled to start at the
same moment, as far as practicable
for such a nationwide ground break
lng.
Success of this first celebration of
National Better Housing Day Is vlr-
tually assured with around 350.000
men and women actively engaged
voluntarily In promoting the better
housing program In their own com
munities with the aid of the federal
housing administration.
In addition to local business, fl
nanclal and Industrial leaders, nat
tonal manufacturers are cooperating
In the better housing program gen
rally and In National Better Housing
Day specifically. Mr. McDonald said,
One company alone Is planning to
tart construction of several hundred
model homes In as many communi
ties on June 10, In cooperation with
local builders. Other concerns are
planning to erect model homes of
, their own, bearing the company's
name. In many key cities.
It was emphasized that these homes
will not be erected merely for exhi
bition purposes, but will be practi
cal and livable, built to be sold to
Individuals after the exhibition per
iod la over.
These new model homes are ex-1
pected to be financed under the
'mutual mortgage Insurance plan of
the federal housing administration.
No money Is advanced for con
struction of these or any other houses
by the federal housing administra
tion, It was emphasised. Erection of
each of the thousands of these new
model homea Is being planned
When carefully planned, many Interestm modernizations are possible In attic space. The above Bins,
trations give an example how an unused attic may be converted into an attractive bedroom. Wallboard
encloses the bare rafters in an effective wall and ceiling treatment. Built-in furniture may be included to
advantage in this type of remodeling. The transformation of an attic provide the home with an extra
bedroom, playroom, study, or whatever the owner wishes it to be. Insulation under the roof prevents much
discomfort in Summer and makes the room adequate in Winter for all living purposes. Under the pro
visions of the Federal Housing Administration's Modernization Credit Plan funds are easily obtainable
through approved lending institutions for attic modernization.
financed locally, under the sponsor
ship of the voluntary memberships
of the local better housing commit
tee, with the administration Insur
ing the mortgages.
There are various ways In which
the local committees are arranging
for construction of their National
Better Housing Day homes, It was
atatrd. Some committees have lncor
porated themselves so that they can
qualify as borrowers and wilt build
nd their own homes, to be sold later
to Individuals. Many are arranging
for leading contractors or builders to
erect the homea under their sponsor
ship. Others have accepted offers of
local newspapers, radio stations, de
partment stores and similar concerns.
Insuring offices of the federal
housing administration In every state
are preparing to handle applications
for insurance of the mortgages on
these National Better Housing Day
homes with the least possible delay.
In order to allow construction to
start promptly on June 15.
LOANS ARE NOW
AVAILABLE FOR
BUILDING
HOMES
We Have Qualified as an Approved
Mortgagee to Make Loans Under Title
II, Federal Housing Act .. .
Interest
Approximately
6
Now von can build n home on a rental
basis with up to IS inn to pay! Barn
Installment Includes the patmcnt on
principal, Interest, nne-tnemh part of
nnntml laves, nnil mortgage. Insurance,
fire, and othfr har.ard Insurance premiums.
"Jnllm llit JtaJtr!
a-- 'i Jr-Mrsm' i stiver si
. w mat a a J J - .w i ii
Make your Better Housing
Budget go farther
You'll stretch your better housing dollars to the limit
if you paint your property with Bass-Hueter Mixed
Paint. It outlasts other paints ... it wears smoothly
and evenly ... its colors please to the end all good
reasons why Bass-Huetcr Mixed Paint costs far less
on the job. It adds to the value of property house,
garage, fences, etc. Paint now for protection and
beauty that lasts for years.
BASS-HUETER MIXED PAINT
Covers More Wears Better Lasts Longer
REPAIR
RE-BUILD
Call on us for complete information concerning
Federal Loans to improve your property. Ask about
estimates on materials and labor. Remember you
can pay out of income!
"Builder's Bureau of Information"
Porter Lumber Co.
m
S. FIR
PHONE 124
We're Ready to Serve You
We will gladly give complete Information and
handle the details of VOIR loan . . . Till. I.
n opportunity nrtl north our full ronslilrra-tlonl
" I I
1
ederal Savings
ANDLOAN ASSOCIATION
126 East Main St. Phone 193
Before you remodel investigate the
New One Coat Interior Paint
LUMINAL
May be washed without injury
Won't check, peel or rub off
Non-inflammable, non-explosive
Can be applied with either brush or spray
Drys dust free in 40 minutes
No siio or priming coat needed
LET US HELP YOU SECURE AN EASY NHA LOAN
Medford Lumber Co.
V' 3F53ff 'ift;TW ' 'i Hwui-J
rK EliJiJ jjjj stun jjQ? :A
With ths modernization eredlt plsn
of the Federal Housing Administra
tion acting as a spear-head, property
renovation and repair work in com-
munltlrs all over1 the country la go
ing forward at a rate far In excea
of the volume Indicated In reportF i
made to Washington headquarters by
financial Institutions making Insured :
loans for this purpose.
Reasons for this are manifold. In
the first place, lending agencies co- I
operating with the Federal Govern-1
ment In this program are not re
quired to report to Washington head
quarters until 30 days after loans are
consummated. This means that for-'
mal reports to the Housing Admlnls-.i
tratton reflect activity as of a month j
before, while the current volume
might be many times this amount.
In addition, many banka and !
building and loan associations arc j
making loans for modernization and ;
repair that are not Insurable under j
the Administration's credit plan. In
the case of Washington, D. C, for
example, lending agencies have made,
uninsured loans totaling in amount
50 per cent more than Insured loans,
according to reports from building
and loan groups and other similar
financial houses, covering the period
since the Better Housing Campaign
got under way in the capital. An
other report from Boston shows that
of $705,000 spent In repair work, only
8 per cent was borrowed money, the
Daiance being cash. i
Supplementing this, ready cash be- i
ing expended for home repairs has in I
some instances exceeded a ratio of '
$3 to (l as compared with borrowed :
money, authentic reports to the Fed- '
eral Housing Administration show.
Local business houses- give credit
to the Better Housing Program for
stimulating the interest of propeity
owners in this activity. As one prop
erty wner borrows funds under the
Federal Housing Administration plan
to modernize and repair, they point
out, other householders in the neigh-
Dornooa are urged to do the same-
Best Prepared ... . ... . , $3.15 Gal.
Golden West . , 2.25 Gal.
Floorenamel 3.15 Gal.
Universal Kalsomine, all colors . ,10c lb.
BRUSHES
Paint and Varnish Brushes 10c to $5.00
Kalsomine Brushes $1.25 to $12.50
Adjustable Window Screens
1 2 in. high by 33 in. wide : . 40c
18 in. high by 33 in. wide. . . 60c
18 in. high by 45 in. wide . ..... 75c
LAMPORT'S
226 East Main
" f '
Remodel-L $
Third and Fir.
Phone 6'29
It doesn't pay to neglect interiors and exteriors in need of
repair. . . . They will cost far more in the Ion? run if you
put off needed repairs Why not improve NOW through a
Federal Housing Loan? This loan also offers an opportunity
to remodel your present home add much needed rooms
beauVfy and modernize! Useful, modern conveniences can be
added all that goes to making life more worth living 1
May We Serve You?
n will he triad to a.Mle too In the details of
muring a Federal Housing Loan. . . Your con
tractor, painter, carpenter, plumber, cabinet
maker and building material dealer will iMadlv
furnish estimate on the cot of materials and
labor for YOVR modernisation work. . . . Take
advantage of this loan offer at onre!
ine rirsr rNational liank
A Departmentized Bank
Commercial Savings Trust Department Safe Deposit Vaults
SoundlifkW?
Investment
With Immrdlate monfy aval
thle tor tou to rfmmlfl. pilnt
nd modernise your hom., Ton
irtll find it wl?e to apply at one
for a Frdrral Houttngr, Loan
Hfre Is h.T this Is a rood step
to take
Modrrntzntinn ot tour home
will Inrrrast Its valuation and
drlrahlltt.r should tou ell later.
A more attrarthp home will do
much to appearanre of the mm.
munltT tn nhlrh toil Hie It Is a
public spirited move:
Greater comfort through mod
ern conveniences are available to
roa and jour family.
Fmployment mil be stimulated
here, tending to the general Im
pairment of local condition?.