Oakland Tribune from Oakland, California • Page 42

OASlAND TRIBUNE. FRIDAY. JANUARY 20, 1939 2-D OAKLAND'S NEW FHA PROJECT SHEFFIELD VILLAGE I a j. v. bMKl.a iS mill I On Foothill Boulevard at Duttoa Arexrae hundreds cf homes will ston be rising, largest single group housing prefect oi FHA In the West Nearly 100 acres will be given over to the new small homes, with modem design -ef and ample building sites, Recreation areas are allowed lor and no vacant lots are to be sold.

Owners are protected by rigid 40-year building restrictions. The location is in easy reach of schools, churches and shopping and electric train to downtown Oakland and San Francisco are In easy walking distance. E. B. Field Corporation is in charge of development.

A. presents an unique opportunity to the family that seeks a home of its own. 1 delay the normal growth of investment values. "Sheffield Village is entirely within the city limits of Oakland I "Sheffield Village houses win be and will enjoy all the facilities of ample areas provided for the individual homes, each homeowner has the use of the recreational grounds which are included in the general plans. "By agreement with the Federal Housing Administration, we shall sell no lots, but only the completed houses in the low-price range announced.

This insures elimination of speculators, and idle areas, which real homes of five or six rooms, designed foi-comfort, and protected by Government inspection and insured the metropolitan resident. Adjacent to broad highways which lead to downtown Oakland and the Bay Bridge, near local and San Francisco trains, within easy reach of schools, churches and shopping centers, it loans. Gas furnaces, double garages, modern kitchens with built-in cabi- Centinee Next Page ment is called, will include English, French, modern Colonial, Spanish and Monterey types of architecture, to avoid monotony in the building impression. Sizes of the sites make possible ample set-backs and provision for lawns and flower beds to meet the desires of the owner. "There will be 315 houses in the first unit of 69 declared K.

B. Field, president of the corporation, "and each house will be an individual design in harmony with the complete plan. "Cost of these new homes, due to mass production methods, will be between $4750 and $5500, and monthly payments under the Federal Housing Administration loans will range between $33 and $49, including all taxes, interest, insurance and payment on principal. "We have spared no effort to develop in Oakland a modern and Huge Housing Development A mOIiea-and-a-half-doIlar home development, largest single group housing project in the West under the Federal Housing Administration insured loans, was announced today nounced today by the X. B.

Field by the E. B. Field Corporation. Located wholly in Oakland on Foothill Boulevard at Dutton Avenue, the new subdivision comprises B8.5 acres, which will be laid out in community centers to provide full recreational facilities for home owners in the area. sites, ideal climatic conditions and good soil make land-icaping and garden opportunities ex-teptional and plans call for the erection of IS homes a month, beginning immediately, it is stated.

Sheffield Village, as the develop- teffiety Uilfae model community Tillage, with houses in keeping witlr present-day ideas at a price well within reach of the modest purse. "There has been, no skimping in sizes of lots and. in addition to the rx 3f At II s- 2: "1 in Oakland TO BUY OH BOIL TOURflOME- Greatest single group housing project is the West nder Federal Housing Admmistratioa loans, this $1,500,000 home development" provides aa opportunity for every homeseekex to own a fine home in an attractive enviiomneut at a remarkably low cost. ass production methods ru? homes within a price range of $4750 to $5500. Terms, under 90 loans, are as low as $39.85 a moath, including taxes, interest and insurance.

Choice of plans and exteriors includes English. French, Modem Colonial, Spanish and Monterey. Architectural supervision and government restrictions insure careful, substantial construction. No vacant lots are to be sold. Rigid budding restrictions protect the property over a 40-year penoa.

Making the best possible financial arrangement is a vitally important part of buying or building your home. Our many years of experience in real estate financing is at your service to help you choose the arrangement which will suit you best, Brmy ytmr rtmi tstmt JjmBimg problems! WfttbtgUdH help jwJ iVer srweels, efcan-elbes aad inNusertatieN to Downtown Oakaad and San Fraadsco. Mid climate and csctJkjs sod make the location of Sheffield Vattaee ideal for the modern family. CWsMsmamitaj rwcrgaitiaweil cewtrs msere plenty of play space for children and adoks. Bmld- msj sMes are large ami preside ample space for ardea and lawn.

Ewfc ftoen Drive eatc Fmthill --ed furnace, kitchen with built-in cabinets and linoleum floor automatic hot water heater. garage and grounds will be landscaped. Select featr frtsiltitMe; site teste asd choose your floor plan and exterior design. In the first unk of 68 acres. 315 houses will be consbsrted.

Watch Sheffield Village grow, the answer to Oakland's seed for fme. small houses at low ems. or out Fourteeeth to DuBon Avenue and north to FeothiQ. Or yea may reach Sheffield Village easSy by oa or E-B; FIELD. Corporation Broadway at 14th Street Telegrtph Are.

49th Street Fruitvale Ave East 14th Street AlTilADO IKVINGTON K11TITI11I MIIIS THEODORE N. THOMPSON, rcniiecl A. A. STAUFFACHER. Superintendent 369 Hfteeftrii Streer Phone HI gate 1391 OAhXVVD J.

W. WILSON, fftrmeer L. S. DUNHAM. Sek Manager FeorhSI Elvd.

at Dtirroe. Ave. fkei SWcetvood 5115 CAUFC3JOA.