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Sign up freeThe Detroit Tribune
Detroit, Wayne County, Michigan
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On its 20th anniversary on June 27, FHA Acting Commissioner Norman P. Mason announced the agency's commitment to implement President Eisenhower's housing policies, focusing on affordable housing, home maintenance, urban rehabilitation, lower down payments, extended mortgages, and non-discriminatory practices for minorities.
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Federal Housing Administration began its third decade of service to the people of America on June 27 with the housing policies enunciated by President Eisenhower guiding its direction.
So pledged FHA Acting Commissioner Norman P. Mason Saturday, in statement issued in connection with the 20th anniversary of the FHA.
FHA's major aim in the coming decade," he said, "will be to implement the policies announced by President Eisenhower.
They include:
(1) To help the homefolk of America to have desirable and adequate housing.
(2) To help them keep their homes in up-to-date condition, and
(3) To help them rehabilitate the many fine homes which, through past neglect, are a blight on our urban communities."
Mr. Mason said the lower down payments and extended mortgage terms proposed by the President will make it possible for the average family to be better housed and will create credit to maintain employment at a high level in the building industry.
Another is adoption of a program on minority housing education of FHA personnel so that they may give every assistance to those trying to make open-occupancy housing available and calling also for safeguards to insure that FHA programs are available to all without regard to race, creed, color or national origin.
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America
Event Date
June 27
Story Details
FHA Acting Commissioner Norman P. Mason pledges to implement President Eisenhower's housing policies on the agency's 20th anniversary, including aid for adequate housing, home maintenance, urban rehabilitation, lower down payments, extended mortgages, and non-discriminatory access for minorities.