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"At present the Federal Housing Administration is sponsoring the building of more than 1,000 small demonstration houses in as many cities, with the cost to range from $2,500 to $3,500. It is the belief of the belief of the FHA that 71.2 percent of American families have incomes permitting the purchase of homes costing less than $5,000.

Click here to read about the end of the Great Depression...

     


Federal Housing (Pathfinder Magazine, 1937)

Federal Housing (Pathfinder Magazine, 1937)

Federal Housing (Pathfinder Magazine, 1937)

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