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Show FIRM TO OFFER LOW-COST LOW-COST PRE-FAB HOUSING A four-room house to sell for $350 down and about $37 a month, including insurance and taxes, was announced Wednesday Wednes-day night by U. S. Steel Corp. The house is of plywood construction, con-struction, 28 by 24 feet in overall over-all dimensions, and has two bedrooms. Its total cost, including includ-ing land, is expected to be under $6300. The announcement did not specify the terms of the mortgage, mort-gage, including the length of time for which it might run. U. S. Steel's announcement said the house was aimed at the family of moderate income and was designed to take advantage of 95 FHA mortgage insur-I insur-I ance, where the appraised value I of home and lot does not exceed $9500. The house has no basement and no garage. Its equipment does not include range and refrigerator, re-frigerator, but it does have a streamlined kitchen with double dou-ble compartment sink and wall cabinets, bath with built-in linen closet, a utility room with an oil or gas-fired burner supplying sup-plying heat for the forcedair heating system, and an automatic auto-matic hot water heater. The announcement did not specify what part of the $6300 appraisal was assigned to cover cost of land. Freight shipping charges also would affect the over-all cost. |