VETERANS POT OF GOLD

Bay of Plenty Beacon, Volume 10, Issue 54, 25 November 1946, Page 6

VETERANS POT OF GOLD

RED, WHITE AND BLUE SIGN

MARKING OF HOMES

The veteran’s pot of gold at the end of the rainbow will be a home at the red, white and blue sign. It will read: “Held for veterans.” It will mean that here is a home or an apartment which a veteran may buy or rent. Half a million of these new signs will be distributed through Federal Housing Administration State and districts offices. They will supplement the yellow posters previously issued to earmark veterans’ homes and apartments. First of the new signs was posted at a ceremony in which Wilson W. Wyatt, National Housing Administration, and veterans’ organisation representatives participated.

This first move in a vigorous drive to label for veteran house and apartment hunters all new construction under the veterans emergency housing programme took place at a group of privately-built houses near Washington, D.C.

The red, white and blue placards, or the previously issued yellow posters, must be conspicuously posted in front of each apartment building or home under construction. Houses undergoing conversion to apartments must also be posted for veterans.

The signs must go up within five days after work begins. New housing must be held and placarded for veterans for 30 days after completion, if for rent. Sale houses which are approved for priorities and construction after August 6 must be held for veterans’ purchase for 60 days after completion, under a new amendment to Civilian Production Administration Priority Regulation 33, which channels critical building materials into home construction for veterans.

FHA State and district offices handle all authorisations for residential construction and will also distribute the placards. “These placards are notice to the veterans of the homes on which they have preference,” Mr Wyatt said. “The signs will bear public testimony to the tremendous volume of home construction that private builders are undertaking under the veterans emergency housing programme.”