The Waterbury Democrat., 1934-11-23

o. Are lending institutions
 which have been approved by the
 Federal Housing Administration
 authorized to make loans for
 minor improvements to farm prop
 erty3 n. :. u.a,,,..,o,. oo,,., . vv,ds
 range of work and give the farm
 owners the opportunity to make
 needed repairs, or improvements
 at once. New foundations may be
 put in, or old ones repaired; walks
 and steps repaired, feeding floors
 built in, driveways laid, barn and
 poultry houses built, or repaired.
 milk houses and cooling tanks con-
 structed, terrace outlets and re-
 taining walls built. The lowest loan
 is for $100, but a number of these
 minor repairs may be grouped into
 one loan to make or exceed this
 sum.
 Q. What may be done with an old basement under Federal HOus- ing Administration regulations? A. Lending institutions are au- thorized to make loans to improve or rebuild the basement. Old rick ety stairs may be placed and the basement so thoroughly modern ized that it may be transformed into a modern recreation room or | workshop. Any contractor will
 give you the necessary information and costs.
 Q. I wish to modernize my
 home so that my children may en- joy it while they are with me. With my income and saving will be able to build or buy new home within five or six years. But that would be too late for them to enjoy it. What can do to im-
 prove the present dwelling? A. Your local contractor, any member of the Better Housing Campaign committee in your city, or the banks and credit institu- tions will give you the necessary advice. You may borrow from $100 to $2.000 for modernization or additions. Every building. no matter how old, lends itself to inn provement. As you say, do 1t now. instead of years later. It is a good investment and will preserve the property.
 AAtO W0INC0 "
 raise chickens. have quite large home is located. May I negotiate the necessary loan for chicken house.
 A. Yes. Such loans are au- thorized by the Federal Housing
 Administration subject to approval by your banker, or other approved
 credit agency, the Department of Agriculture, or your state agricul- tural engineering department has
 plans and will give you the neces- say advice.
 o. In the modernization of
 homes, as contemplated in the
 Better Housing Campaign, there is evident need to recognize "h0b-
 bies" of children as well as grown
 ups. What would you suggest? , A. There could be a muted
 room for study so that the chii-
 dren could concentrate, The same room could be used by would-be orators, actors and musicians. II would be a helpful addition to the home and one which would un- doubtedly be welcomed by the
 neighbors
 o. I operate cafe fin . build
 ing which l have leased for five years. Would 1t be possible for nSS to borrow sufficient money to i'm prove it? The landlord is not dis
 posed to do so. A. Yes, if your lease does not l expire until six months after the date when last payment on youi i loan is due and the lending agency approves your loan application al |eligible under the National Housing
 Act.
 0. | Intend to make several re pairs to my farm property prOvid, cd II am able to negotiate the nee. essary loan. want tO know if | would be permissible for me to sti kperfntend the work as there is ns
 i I