Word: chicago
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Dates: during 1950-1959
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...Chicago suburb of Markham looks like any of the thousands of bedroom communities that rim the cities of the nation: its lawns are well trimmed, its homes are split level or ranch, its streets neat and winding. To the 40O-home subdivision of Park Terrace in Markham last week drove a young, house-hunting couple. They cruised for a while, stopped off at the sales office, asked Sales Manager Milton Lewis to take them through the model homes. "Certainly," said Lewis. "Of course, you folks are aware that Park Terrace is a Negro development...
They were not. "They just stared at me," says Salesman Lewis. "They couldn't believe their ears." The couple examined the model homes, walked through the neighborhood. Said the husband: "I never dreamed that Negroes could live so well around Chicago. I always pictured them as living in slums...
...open. Negro mortgage money is often a stiff 1% or 2% more than for whites (it is easier to get loans for prospering Negroes in the Deep South than it is in Northern states). But mortgage companies are beginning to realize that steadily employed Negroes are a good risk. Chicago's Park Terrace even has a layaway system that allows buyers to sign up for homes and pay out the down payments in monthly installments. "We went into it for a profit," says Dan Kroll, builder of Long Island's Dunbar Estates, "but frankly we are enjoying...
...customers are just as pleased. Postman Frank Derrick ($4,000 a year) lived on Chicago's South Side, decided to move to suburban Park Terrace. Says his wife Geraldene: "We didn't have a down payment. But Frank was determined. He took out a $20 bill and handed it to the salesman and said, 'This is to show that I mean business.' We started to save for the down payment on the budget plan and finally got a G.I. mortgage." The Derricks now have a brick, three-bedroom ranch house with two TV sets...
...Raisin in the Sun. Lorraine Hansberry's poignant prizewinning first play about a Chicago Negro family that yearns to leave the black South Side jungle for a place in the white suburban...