2012 First-Class Forever Stamp,Earthscapes: Residential Subdivision

# 4710k - 2012 First-Class Forever Stamp - Earthscapes: Residential Subdivision

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U.S. #4710k
2012 45¢ Residential Subdivision
Earthscapes
 
Issue Date: October 1, 2012
City:
Washington, DC
Quantity: 2,670,000
Printed By: Banknote Corporation of America, Sennett Security Products
Printing Method: Offset
Perforations: Die Cut 10 ¾
Color: multicolored
 
Veterans returning from World War II were looking for homes that were close to their jobs in the cities, but offered a space to raise a family. A building firm, Levitt and Sons, offered a solution when they turned onion and potato fields on Long Island, New York, into America’s first planned suburb.
 
William “Bill” Levitt had served in the Navy during the war, and had become an expert on mass-produced military housing. He realized this technique could be used for postwar residential housing as well. Levitt convinced his father, owner of the company, and brother, an architect, of the potential for a housing boom. 
 
They designed a small house that could be quickly built and rented. By July 1948, 30 houses were constructed each day using supplies from their factory in California. Half of the 2,000 planned homes were rented within two days of the announcement about the community.
 
The Levitts began selling the houses instead of renting them. In 1949, a family could buy a ranch-style home using a GI loan for a $90 downpayment and $58 a month. The process of choosing among five models and signing a contract was streamlined to three minutes. Levittown became the example residential subdivisions followed nationwide.

 

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U.S. #4710k
2012 45¢ Residential Subdivision
Earthscapes
 
Issue Date: October 1, 2012
City:
Washington, DC
Quantity: 2,670,000
Printed By: Banknote Corporation of America, Sennett Security Products
Printing Method: Offset
Perforations: Die Cut 10 ¾
Color: multicolored
 
Veterans returning from World War II were looking for homes that were close to their jobs in the cities, but offered a space to raise a family. A building firm, Levitt and Sons, offered a solution when they turned onion and potato fields on Long Island, New York, into America’s first planned suburb.
 
William “Bill” Levitt had served in the Navy during the war, and had become an expert on mass-produced military housing. He realized this technique could be used for postwar residential housing as well. Levitt convinced his father, owner of the company, and brother, an architect, of the potential for a housing boom. 
 
They designed a small house that could be quickly built and rented. By July 1948, 30 houses were constructed each day using supplies from their factory in California. Half of the 2,000 planned homes were rented within two days of the announcement about the community.
 
The Levitts began selling the houses instead of renting them. In 1949, a family could buy a ranch-style home using a GI loan for a $90 downpayment and $58 a month. The process of choosing among five models and signing a contract was streamlined to three minutes. Levittown became the example residential subdivisions followed nationwide.