Evening Star Newspaper, July 17, 1937, Page 21

HOME LOAN BOARD! ANNOUNCES PLAN 10 HELP BUILDERS Bation-Wide Program to As- sure Small Owner of a Sound Investment. SCHEME TO PREVENT POOR CONSTRUCTION Benefits Also Aimed At Are Elim- ination of Obsolescence by Poor Planning. The Federal Home Loan Bank Board foday announced a Nation-wide pro- gram to assure the small home builder & sound investment and eliminate poor eonstruction, with its inherent waste and loss of property values. The plan will link home-financing agencies, architects and technicians to bring supervised construction to & field which embraces 83 per cent of American families, whose annual in- | eomes of $3,500 or less restricts them to homes costing less than $8,000. ‘The idea has been developed and tested the past two years through the 12 Regional Banks of the Federal Home Loan Bank System and its lead- ing member institutions. To be known as the Federal Home Building Service Plan, it is designed not only to benefit the home seeker, but to safeguard lending agencies in s fleld where it is expected that $2,- 000,000,000 will be spent annually for the next decade—the biggest single item on the Nation's construction program. It strikes directly at past | evils which have resulted in rapldy deterioration of properties, dwindling | equities and the passage of entire Deighborhoods into obsolescence. Benefits of Plan. In “one package.” the home seeker gets (through his lending agency): Sound financing counsel. ‘The largest loan and most liberal | ferms consistent with his resources and credit. Competent architectural aid in de- signing his home A structure suitable to his family heeds, site and neighborhood. 8election of a qualified contractor. Specification of proper materials and & check on those materials. Supervision of construction. A Federal Certificate of Registra- #on, stating that his home has been built under the plan—thereby strengthening investment security and Tessle value. The plan is a Jocalized enterprise, financed by local capital. All of the 2900 thrift and home-financing in- sMtutions of the Federal Home Loan Bank Bystem are eligible as lending agencies to make use of and direct *he plan Jocally. they enter into co-operation with w®roups of architects or technicians, already formed or in the process of organization in all parts of the coun- #ry, who will supply a technical service at & modified fee. The groundwork for the program has been carefully developed through the field forces of the bank system and the Home Own- ors’ Loan Corp., whose technical tal- ent directed the reconditioning of 450.000 American homes and whose operations revealed the full extent of poor materials and flimsy construction in the low-cost field. Official bro- chures giving complete details for es- | tablishment and operation of the plan | are now being distributed throughout | the bank system. Mutual Benefits. As pointed out by the bank board, the program is based primarily on the mutual interests of borrowers and lenders. The local lending agency will be enabled to grant preferential loans and terms to those who build under the plan because of increased security furnished by proper design and con- struction. The services of architects ©an be obtained at moderate costs be- eause of the development of quantity | supervision in a field where their serv- dees have seldom been utilized. And sconomies of construction and a | sounder investment will more than fompensate the home owner for the1 Brand New Detached Brick $8,950 3621 Ingomar PI. Chevy Chase, D. C. Just East of Conn. Ave. harminz and home, ar- Sricn. coty heme, ar- to Nebr ot 1 Biock to Ingomar Fl. left to Opon Daily & Sunday L. T. Gravatte 799 15th Realter NA. 0353 New Center-flall Home to be proud of 4838 16th St. N.W. Open til 9 P.M. ‘Yo- will not want to leave the ly eool rear porch which -varlooh- @ beautiful garden with shade trees. A distinguished home in s beautiful setting. Center-hall plan with the additional ad- vantage of a side entrance. Five bed rooms, 3 baths, pan- eled den and recreation room. First-floor lavatory, 2 fireplaces, ‘werkmanship. A home lovishly built yet Moderately Priced Built by C. W. McKendrie FRANK S. PHILLIPS 927 15th St. DI. 1411 | restricted development of the Edson | W. Briggs Co. Once inaugurated | | used throughout. SIKTH STAR HOME OPENAWEEK MORE. Dwelling at 1813 Parkside | Drive Enters Final Seven Days on Exhibition. The sixth Silver Star home of 1937, an attractive new Colonial dwelling at 1813 Parkside drive, overlooking Rock Creek Park, tomorrow will en- ter the fourth and final week of ex- hibition under sponsorship of The Star. The home has drawn the praise of thousands of visitors who have inspected it. Located on a beautiful Jot beside the picturesque park, the Star dwell- ing is within easy access of down- town Washington. It was erected by Paul T. Stone, Inc, and has been | turnished entirely by P. J. Nee Co. | The firm of Boss & Phelps is present- ing it for exhibition. The Colonial Village, new home is situated, ‘where the is a highly Nine Rooms, Three Batbs, There are nine rooms and three baths in the home, which is built of ¢ soft-tone red brick with ivory ex- terior trimmings. Wide lawns land- scaped by Colesville Nurseries sur- round the home. Best modern equipment has been The floors are of | the best grade of clear white oak. Piping is of copper, and the roof is insulated with four inches of rock wool. The home is a decidedly livable structure. To the left of the wide reception hall is the living room, a large unit with open fireplace. A‘ screened porch opens off the living ! room. The dining room, to the right of the hall, is also of generous pro- portions. To the rear is a completely | electrified kitchen. There are three bed rooms and library, with two baths, on the sec. ond floor. The library is so arranged | that it may be used as an extra bed ' room. A finished attic occupies the | entire third floor. Basement Finished. The basement likewise is finished and contains an exceedingly attrac- tive club or games room. T 7542 Alaska Ave. N.W, $13,750 Certain conditions make ft possible to buy this beautiful “Breuninger-Built” home, in perfect condition, at such a bargain price. Contains 7 rooms (4 bed rooms), 2 complete baths, fireplace, elaborate kitchen, electric refrigeration and new oil burner. A gorgeous lot run- ning through to another street and & 2-car garage, This hofne will be sold today. Don’t Fail to See it. 1515 K 8t. N.W. Just Completed 3729 W Street N.W. $8,450 Highest Elevation In Glover Park! 3 bedrooms, 2 baths, recrea- tion room, paneled in pine; built-in garage, automatic hot- ‘water heat. Bronze screening, weather-stripped,-insulated, furred walls, all brick conatruc- tion. Completely modern in every way. Furnished by Hutch- ison’s, Inc. Will Consider Trade for Prompt Action OPEN DAILY AND SUNDAY D"I'l out Wisconsin Ave. to Calvert u" on Cfl"YtYl to 39th Tert on W' % Romes: “Gr Grover Pack vus 15 Heidekoper end ome block sokth. BAKER 1430 K M. N.W. WASHINGTON, D. | WITH SUNDAY MORNING EDITION C, SATURDAY, JULY 17, 1937, ___PAGE C—1 SILVER STAR HOME OPEN FOR SECOND WEEK TOMORROW Westhaven Residence Ac- claimed by Throngs of Enthusiastic Visitors. B, e o A 8t B 25+ SIMPLICITY OF DESIGN WINS WIDE COMMENT, | Plan of Interior Decoration Exe- cuted With Full Regard to Architectural Style. Acclaimed by throngs of enthusiaztia | visitors during the past week, the Silver Star Model Home in Weste haven, Md, tomorrow opens its sece ond week of public demenstration under auspices of The Star. This distinctive early American dwelling, located at 5510 Wriley road, was designed by Schreier & Patterson, members of the American Institute of Architects, and built by the West- haven Development Corporation. If has been completely furnished for the period of the exhibition by the Studin of Interior Decoration of Woodward & Lothrop. The simplicity and straighifor- wardness of its design, motivated by -early American tradition, has come in for much favorable comment since the home opened last Sunday. The exterior construction details reveal a charming combination of quarried stone to the second-floor level, with white timbered upper story. L-shaped in plan, it is placed to advantage on Upper right: Living room of the seventh Silver Star Home of 1937, located at 5510 Wriley road. The house was built by Westhaven Development Corp. Upper left: A view of the well-appointed dining room in The Star’s Westhaven home. Woodward & Lothrop furnished the new dwelling. Below: The cool club room of the Wriley road home, which will be open to the pubdlic for three weeks more. —Photos by John Mueller, Star Staff. vestment Trust, Inc., will slso engage in the general brokerage business of * SALES ANNOUNCED farms, water fronts and country prop- | House and Lots at Cobb Island | erties. mainder of the basement lay-out in- cludes & maid's room, bath and s laundry room. Before its approval for the Silver Star award the Colonial Village home | was carefully examined by the Sil- ver Star Homes Committee, a group of five housing experts headed by James 8. Taylor of the Federal Housing Administration as chairman. Members of the committee referred to the house as one of the most at- tractive they had inspected this year. The best route to the home by automobile is out Sixteenth street to Kalmia road, left on Kalmia road to West Beech drive. past Plymouth street to Parkside drive. Dally visit- ing hours are from 10 am. until 9 pm. Petworth Sacrifice 7,450 711 Allison St. N.W. A dandy, large, 20-foot wide h six rooms and bath, Colonial fremt porch, d rear inclosed porches, heat, electric refrigera- tion, full attic, 1-car garage, paved street and alley. Close Il conveniences. Open Saturday and Sunday Phillips & Canby, Inc. Na. 4600. 1012 15th St. N.W. $50,000,000 FOR LAMPS | “Over $50,000,000 will be spent for | portable lamps this year for homes,” | is the prediction of Milton C. Levy, president of the Lamp and Shade Manufacturers’ Association of Amer- fea. Levy is in Chicago attending the international home furnishings markets at the Merchandise Mart, and he bases his estimate of this| year's business upon the volume of wholesale purchases made the first week of the show in the lamp division. 307 BRADLEY BLVD. Corner Leland St., Bethesda, Md. Beautifully Furnished by P. J. Nee Co. Draperies by Ligon. New seven-room brick home. ‘Two baths, lavatory and den, first floor; three bedrooms; ex- ceptionally large lot facing on two streets. Pre-Showing of a Real Home. New all brick—6 rooms—2 baths —breakfast roo m—recreation room, finished attic. fully insu- lated, 4 inches rock wool. Open and Lighted to 9 P.M. Leslie D. Measell 5008 Conn. Ave. Clev. 6614 Chevy Chase Hills A New Connechcuf Avenue Developmenr You cannot expect a man who can afford $10,000 for his home to pay $15,000. _To this end we have designed Chevy Chase Hills to give a real home to the cultured man of moderate means. A fine community with harmony and balance—present in both the environment aond the archi- tecture Come out today and study the architecture—the materials—the selection of equipment—the surroundings— the little details that make not only for individuality but for personality and character. Drive out Conn. Ave. vast Eest-West Hi perty one biock Rorth of Chevy Ch vroperty ay to Lake. THoMAS J.FiSHER & OMPANY 738 15th St. N.W. DIst. 6830 Transferred. | Kent R. Mullikin, president of the | | Maryland Realty Investment Trust, | Inc,, announced the sale of a house and lots at Cobb Isiand for Leon ‘ Sondheimer and wife to J. M. Coch- | rane of La Plata, and also the sale of | two lots at Woodland Point to R. E. | l Beall of Washington. Mullikin has recently opened an office at 915 Tenth street, which in addition to handling the sales of the | properties of the Maryland Realty In- | 7905 13th St. N.W Featuring: Air Conditioning, First- Floor Den, Sewing Room, Daylight Recreation Room, Newest Bath Room Fix- tures, Genuine Copper Pip- ing, Large. Convenient Closets. Beautiful Location, Landscaping and Shade Trees. An Electric Kitchen Health Home o ont 16th Bt. to Loewst Rood, turn rioht two squares to home. 1730 K St. NA. 2040 L& Brouninger s Soms CHARMING NEW HOMES REFLECTING ALL THE LOVELINESS OF THE OLD WILLIAMSBURG HOUSES. Modern to the minute, vet retain- ing the architecturol beauty of the old Focing beautiful Montrese Park. 7 rooms, 2V2 baths, fire- place, random width floors, auto- matic heot end refrigeration, stor- oge ettic, intriguing gardens. $12,750 AND UP OPEN SUNDAY 16 TO 6 BOSS & PHELPS REALTORS —Designed for Living— A New Detached Corner Brick in CHEVY CHASE GARDENS 4‘622' DE RUSSEY PAIIKWAY Furnished by P. J. NEE Ld Carefree Com-, fort with Mod- ern Gas Apphi- ances. Many fine-home features distinguish this center-hall pian home on a beautifully landscaped large corner lot. Five firepinces, Venetian blinds in living and dining reems, breakfast nook, recreation reem. brick (no substitutes), it features a siate roef, furred ‘walls, copper flashings, downspeuts and guiters, fuily weather-stripped, insulated and eaulked, Bryant air cen- ditioning. 2-car brick garage with everhead doers. Constructed entirely of Priced Surprisingly Low ‘To Reach: Drive out Wisconsin dve. -10 mile t Friendship Heights trolle vmp Fiom. Turn iefton De Russey way ar our. sign. De Rusey P way ts osporite Chevy Chase golf Near Bureau of Standards 3614 34th St. N.W. This lovely brick tached how ettractive ing off low pric semi-de- located in @ very hborhood is be- at en emazingly Newly recondi- tioned. lorge rooms end o glessed - in breskfast room. Ample dloset space, both wp end down steirs. ic re- frigeration, built-in geroge. $1,000 cash, $80 per month will make this lovely lwme your own. Open 2 to § P.M. Wm. H. Saunders Co., INC. 1519 K St. NW. District 1015 " (See SILVER STAR, Page C-2 Let Us Buiid On Your Vacant Lot It doesn’t pay to own . 0. in which vour money is invested and on which you are pay- ing taxes. if you are not geiting any return on it. Why not have us erect’ a buildinz that will bring you & steady return? SEE THE EXCELLENT TYPES OF HOMES NOW UNDER CONSTRUCTION AT 12TH AND GERANIUM STS. N.W. Wa have 8 large number af mnst atiractive plans on file in our office Select the one tha' meefs your faney and well buid on vour Iot or one of our own available prop- erties and aid vou in the financing of the operation. “Stome-RBuilt Howes Are Briter- Built Homes Paul T. Stone, Inc. 927 15th St. N.W. NAtL 0856 Residence Phone, Cleve. 7096 ROBERTS- BUILT 5311 FIRST ST. N.W. AT CONCORD AVE. Furnished he Wutehison, Ine. TG, beautiful 31-ft. sione homes with 4 bed rooms, 2 baths, studie attic hed 2 stone fireplaces, big recreation room, big lot and garage. room er study, (BEITZELL See MODEL HOME TODAY OR TOMOR- ROW NIGHT. REALTOR 1515 K St Dis. 3100 J New Homes in GRASSLANDS 4437 Wlndom Place N W. *10.250 Open Daily and Sunday DIRECTIONS Out Wisconsin Ave. to Yuma St., turn left (weet) & blocks #o 45th St., then left 1 biock #o homes. BUILT BY MONROE WARREN EARLE M. DAWSON—SALES EMERSON 5744