Salt Lake Telegram | 1941-01-20 | Page 13 | FHA Meet Sees Building Upturn

FHA MEET SEES BUILDING UPTURN "The economic safety of the United States lies In construction of small homes," the men who aid in building many of those homes wers told Monday in Salt Lake City. Federal housing authority administrators ad-ministrators and officials from 11 western states, Alaska and Hawaii, at a round table discussion in the Hotel Utah, heard W. J. Lock-wood. Lock-wood. Washington, D. C, deputy F It A administrator in charge of zone 3, laud the work done by them and declare "the surface is hardly acratched." Predicting 1941 would see more home construction than 1940, which was an exceptionally fine year in that respect, Mr. Look wood said "we haven't approached anything like a prnk of ronstrm tmn " Since its Inception five yenrs ago the FHA has hnndled MnO.000.000.-000 MnO.000.000.-000 through its various agencies and the supply of money available for home construction still is unlimited. Curt Mack, Washington, D. C, director di-rector of the underwriters' division, said.