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Story
February 28, 1938
The Daily Alaska Empire
Juneau, Juneau County, Alaska
What is this article about?
Article explains how to obtain cash loans for home modernization under Title I of the Housing Act via FHA, presented as Q&A. No upfront money required; loans from lending institutions, not directly from FHA.
Clipping
OCR Quality
92%
Excellent
Full Text
HOW YOU GET FUNDS UNDER HOUSING ACT
Clarification Is Given as to Method of Acquiring Cash Loans
Cooperating with the Federal Housing Administration to clarify all phases of the newly-enacted Housing bill, the Empire herewith presents a set of pertinent questions and answers on home modernization and other features of Title I of the Housing Act.
The hypothetical questions and answers were conceived after a conference with the Regional Director of the FHA and officials of lending institutions.
Following are answers to hypothetical questions on modernization loans:
Q-I am thinking of modernizing my home and would like to find how to go about getting a loan. Do I have to put up any money?
A-No money is required to get a loan for modernization, repairs or additions to any property, rural or urban.
Q-Do I get the money from the Federal Housing Administration?
Clarification Is Given as to Method of Acquiring Cash Loans
Cooperating with the Federal Housing Administration to clarify all phases of the newly-enacted Housing bill, the Empire herewith presents a set of pertinent questions and answers on home modernization and other features of Title I of the Housing Act.
The hypothetical questions and answers were conceived after a conference with the Regional Director of the FHA and officials of lending institutions.
Following are answers to hypothetical questions on modernization loans:
Q-I am thinking of modernizing my home and would like to find how to go about getting a loan. Do I have to put up any money?
A-No money is required to get a loan for modernization, repairs or additions to any property, rural or urban.
Q-Do I get the money from the Federal Housing Administration?
What sub-type of article is it?
Q And A
Policy Explanation
What keywords are associated?
Housing Act
Modernization Loans
Fha
Cash Loans
Title I
Story Details
Story Details
Q&A on obtaining FHA-insured loans for home modernization: No upfront money needed; loans available for rural or urban properties; funds come from lending institutions, not directly from FHA.