Salt Lake Telegram | 1936-01-22 | Page 3 | New Housing Program Due

NEW HOUSING PROGRAM DUE WASHINGTON Jan 22 UP p Plans for tor a gigantic low cost housing housing housing hous hous- ing program were almost f ready to today today today to- to day for presentation to President Roosevelt Roose by officials who have been quietly drafting them for him They call for a pet permanent governmental governmental gov gov- agency to direct the program program program pro pro- gram oyer over a n long p period of years in conjunction with states and mu mu- I Federal funds would be offered to encourage local governments to inaugurate in inaugurate inaugurate in- in slum cJe clearance rance and housIng housing hous hous- ing projects project How much m money ney the treasury will vilI put up remains of ot course to be det determined by the president and congress But some of ot the planners visualize appropriations of or 1 annually to be more than doubled doubled doubled dou dou- bled by lo local al funds In addition to low cost housing the proposals it Is said aim to fo e encourage en encourage en- en courage private construction perhaps perhaps per per- haps through more liberal federal insurance of loans for new residential Ual building and modernization n. n Although bas based d upon experience e gained in the current r Tow low W cost cost- housing housing housing hous hous- ing program the long range plan contemplates three sharp contrasts in policy Local governments would vo ld Inaugurate Inaugurate Ina and carry out the projects A means test would be applied to renters so the low cost housing would be available only for those of the lowest income class Federal financial aid would be frankly a subsidy so rentals renta s co could ld be low enough to reach families s in slum areas reas