Letter Regarding Mortgage Insurance for Community Homes Incorporated, 1947-07-03

Item — Box: 48, Folder: 9

Identifier: CAC_CC_014_3.2_48_9_0007

Staff Only

The letter is in reference to a previous conversation regarding a letter sent to Community Homes Incorporated in Hollywood, California. The letter explains that the Federal Housing Administration does not consider interracial characteristics as a basis for eligibility for mortgage insurance. The Administration evaluates all characteristics of a proposed transaction, including interracial characteristics, to determine the level of risk involved. No project will be deemed ineligible solely based on interracial characteristics if the risk is deemed acceptable.