Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-08-12
.2THOUSAND NEW
HOUSES IN YEAR
IS COAL SOUGHT
Pittsburgh Makes Elaborate
Plans For Relieving the
Shortage of Homes; Cheap
o Money Available.
lnr rhn A..oclated Presa.l


aPittsburgh, Pa, Aug. 1.-Two
tAausand new houses for the Pitts
nhrgh district within the next year
fsfhe aim Of the housing corpora
tion of the Pittsburgh chamber of
commerce formed to better me
acute rent and home situation here.
Cheap money, construction at
about one-half the usual cost, and
expert supervision without charge
aSe leading features of the plan
Itshas so appealed to the public
that scores Of building applications
have been filed
vs Civic Bettermcnt.
The movement is for civic better
ment, without profit to the corpor-
alton. It's officers are giving their
time and business experience with
out hope of financial reward;
Bankers, builders and material
dealers have fallen into line. Inc
result has been that money for con-
struction is available at the legal
rate of six per cent without bonus,
materials are being provided at
little more than cost, and some
1000 lots have been listed as avail
able sites for dwellings
The corporation has no money,
nor does 1t assume any obligations
On the other hand 1t insists that
every house be financed tbefore
work is started, but 1t helps in the
financing.
It demands that each prospective
builder shall have not less than 20
Af he nto1 4
tells him where he can get a first
necessary it puts him in touch with
an institution that will take a
second mortgage for the remaining
20 per cent.
"This plan Is primarily to help
those living on moderate salaries
and incomes who have been hardest
hit by the shortage of houses and
the consequent high rents" A w.
Thompson. president of the cor
poration, says.
Homes at Low Cost.
with this in mind we have set
out to build modest, substantial
and comfortable homes at low cost.
These houses will have all the con-
Veniences and necessities. They
will be good to look upon, but they
will not be snowy, and best of all
they will be worth every cent in
vested in them.
eve are simply applying to the
man who wants home the meth
DDS by which mass production has
been successful, and giving him the
benfit of the saving in costs"
Applications for houses are
grouped into blocks Of ten or more,
to- get the benefit Of heavy and
concentrated supervision.
va Eleven Basis Plans.
The corporation has eleven basis
Sfans and will build houses of four.
five, six and seven rooms, at a cost
Of from $3.50 to $1,000 a room.
From these basis plans a limited
number Of other designs can be
evolved. The plans are regarded as
the best possible for this COM
Inunity.
Employees Of leading newspaper
soon filled club and decided to
locate their colony in the South
Hills district, while large party
of University of Pittsburgh profess
sors took up the question of build
ing, on land near the university
Neighbors living in flats and apart
Inents in the congested residence
sections have also approved the
plan by forming. neighborhood
clubs. A number Of manufacturing
companies have taken up with the
corporation the idea of providing
houses to sell to their employees at
cost.
a