The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1937-05-15

AS PROOF OF Lne adequacy u
the living quarters, some of
which will be available as early
as July 1, officials of Para
mount Communities mention
that every room in every family
unit will be up to date, well
ventilated and thoroughly in
sulated.
As proof that folk with annual
incomes Of less than $4,000 can at.
ford the best in homes at Buck
ingham Community, 1t is ex.
planned the apartments and semi
detached homes under construc-
ton will rent from $3.50 to $75
q month.
Indenture Is Insured
And as proof Of the stability Of
the enterprise, the Federal Hous-
ing Administration has disclosed
it has already insured q $500, 1000
mortgage trust indenture on the
development, of which the trustees
include the Colonial Trust Com
pany Of New York city.
Although those "in the know"
in realty affairs need only to be
told that the Federal Housing
Administration has insured a
mortgage on q low-cost housing
development, it was further ex-
planned that the Federal agency
is more than strict in its rules
on proper construction, adequate
ventilation, healthful surround
ingS and lasting values.
Before any devolopm e n t,
whether an individual home or a
project to house 1000 families,
can obtain an FILA mortgage it
must be approved by architects
and technical experts'on the FILA
staff, who are forced to follow a
rigid code.
Eventually, according to off.
Gals of the Paramount firm
Buckingham Community may &C
commodate 1000 families. In ad
dition to ground already owned by
the company, IS acres have beer
purchased for future expansion
Guarantee Ventilation
Present pans call for 81 struc
lures to be completed by october
I. They include apartments OF
three rooms, three and one-haf
rooms and four rooms, plus many
Semi-detached houses Of five and
six rooms. No part Of any build
ing will be more than two HoomS
deep, so thGt maximum Of floor
space and ventilation is assured.
President Of Paramount Com.
munitieS, Incorporated. which is
also developing an FHA-insured
development at Tenafly, N. j., is
Allie 8. Freed, Of New York, chair.
man Of the powerful Committee
for Economic and Social Progress.
In Commenting on the new Vir-
ginia project, Freed said today:
every bit Of praise possible
10 due to President Roosevelt;
the FILA administrator, Stew
art Mcdonald, and the deputy
administrator, Miles L. COlean,
for their answering determine
tiOn to see that Americans live
as Americans should
buckingham would have
been impossible without the aSsis.
tance given by the FILA, not
only in terms of providing credit
insurance for the Iong.term loan
required, but also for the fine
technical suggestions to which
Buckingham has and always
will adhere.
NEEDY CITED
"There Il no finer way In my
opinion to make good the prom.
Use Of the President to that vast
army which Is ill housed than
to point to the necessity for the
efficient building and opera
ton Of thousands Of Bucking.
hams in all parts Of the nation
for the 80 per cent whose in
comes range below $4,000 per
annum. And, while the program
ID under way, the upper 10 per
cent will automatically be bet
ter served"
In o statement issued by Para.
mount Communities, Inc, the firm
said:
"The acceptance of these basic
premises gives a firm foundation
CONTINUED on Page 7. Col. II