The Chronicle-star combined with the Moss Point advertiser., 1948-01-23
Sale Of Goverl.a...leni-0 Owned Navy Houses
In City Now Set By PHAF For March FIRST
COZ Houses To Be
Sold In 8 Tructs
FILA Officidl Says

Inc llrSI group Oh NAVY
houses comprising the govern
ment-owned Eastlawn Housing
project will go on sale about
March LIST, unless some unforeseen
event occurs to further delay the
sale, Carl H. Johnston, PHA
sales officer for the Atlanta re-
gional office, said this week.
Mr.. Johnston was in Pascagou-
la to supervise details concerning
the sale of SO houses in the Gulf
dale project for negroes.
Applications have been receiv-
ed for only II of these houses, Mr.
Johnston said, since the opening
of the sale on December 18th. A
report will be forwarded to the
Washington office of the Public
Housing Authority, where the de-
cision will be made as to whether,
because of the small number of
applications, the sale to individ-
uals will be cancelled and the en-
tire lot of SO houses offered on a
competitive bid basis.
Complete Field Work
The Federal Housing Authority
has completed all field work in
connection with the APPRAISAL of
the 602 houses comprising the
Eastlawn project, Mr.. Johnston
said, and within the next 10 days
to two weeks will complete nee
essary paper work. 1t will then
be necessary to correlate PHA ap-
praisals and FILA appraisals in or
der to arrive at a sale price for
the individual units.
Under an act of Congress, the
FILA is required to guarantee 80
percent of the appraised value of
the units.
This, of course, means that the
FILA will guarantee 90 percent
of its own appraised valuation.
For instance, if the FILA set a sale
price of $4,000 on a unit, and the
FILA appraised the same unit at
$4,000, it means that the FILA
would guarantee only 80 percent
of the $4,000, or $1,000 and the
purchaser would have to make a
down payment of 10 percent of
the FILA appraisal, or $500 plus
the difference between the sale
price and the appraisal price,
which would be $500, or a total
down payment of $500.
Offered In Lots
The Eastlawn houses will be
offered in blocks, Mr.. Johnston
said, with Tract A, comprising
all houses on Buena Vista and
Williams street, the first to be
offered for sale. There are a total
of "a houses in this lot, he said,
and all must be sold before other
lots are offered.
The next to be offered will be
Tract B, comprising all units east
of Market street and south of
Lincoln, a total of 1875 houses, fol-
lowed by Tract c, which is all
houses north of Lincoln and east
of Market, a total of 343.
Priority for the purchase of
the houses will be as follows, MI.
Johnston said:
Glass IA veteran who occu-
pies the unit to be sold and in
tends to continue to occupy such
unit.
Class "A non-occupant vet
eran who intends to occupy the
unit to be sold. This includes
veterans who desire to purchase
a unit other than the one in which
they reside as well as veterans
who do not live in the project.
Glass 3. - Non-veteran occu-
pants who intends to continue to
occupy the unit in which he lives.
Class 3-A.-Non-veteran who
occupies a dwelling unit but who
is displaced by a higher priority
holder.
Class 4.-Non-veteran not an
occupant who intends to occupy a
dwelling to be sold.
a0-Day Priority
i, Prospective purchasers in Glass
l, 2 and 8 will have 80 days after
announcement of sale in which to
register their intent to purchase,
veterans will have five days to
and thereafter registered Glass 2
choose dwelling units not claimed
by veteran occupants.
At the expiration of the selee-
ton period for Glasses l and 2,
and registered non-veteran occu-
pants who are not displaced will
be permitted to purchase the
property applied for. Following
this period those occupants who
are to be displaced from their
dwellings shall have 10 days in
which to select dwellings not al
ready claimed.
Priority in selection in all
classes will be granted generally
Continued On Page 81