Housing & Interior Design Flashcards
Interior Design -
The art and science of creating an interior environment for the people who live or work in the space.
Do interior designers considering colors and flooring options?
No, they consider the designation of space, lighting and sound, seating arrangements, and health and safety concerns.
The guest circulation pattern involves movement from the entry to the…
coat closet, powder room, and living and family rooms.
What kind of architecture began with a number of building styles with similar characteristics, primarily the simplification of form and the elimination of ornament that first arose around 1900. By the 1940s these styles had largely consolidated and been identified as the international style.
Early Modern Architecture
What type of plan shows the location of a house on a site as well as other features such as garages, walks, walls, and garden areas?
The foundation plan.
By using the same color or shape at different intervals in a room, _______ is created.
Rhythm
What style of homes are popular in Southern Louisiana?
Country French
What cozy, Medieval style of home become popular in America in the 1920s?
Cottage-style homes
Although federal rental vouchers do not proscribe which communities are acceptable, voucher holders are underrepresented in more affluent suburban neighborhoods. What is one reason for this?
The voucher holders are reluctant to move away from family and friends.
HUD
US department of Housing and Urban Development
PHAs
Public Housing Agencies
Housing choice vouchers are administered locally by PHAs. Which department federal department funds them?
HUD
SRO unit
A single room occupancy unit provides living and sleeping space for the exclusive use of the occupant but requires the occupant to share sanitation and/or food prep facilities with others.
Shared Housing
A single housing unit occupied by an assisted family and another resident or residents.
A Cooperative Housing situation
A form of ownership (nonprofit or associated) in which the residents purchase membership entity.
Pay a “carrying charge” rather then rent.
The income integration housing policy has two approaches. What are they?
Dispersal and
mixed-income
Dispersal
Helps low-income households move into middle income neighborhoods.
Mixed-income housing policy
Mixed households with varying incomes within the same building or community development.
Exotic mortgages include all of the following except:
Adjustable rate
Interest only
HUD
Balloon
HUD
Balloon mortgage
The borrowers pay only the interest and the entire mortgage rate is due at the end of the term.
Payment option mortgage
Borrowers can pay less than their normal monthly payment with difference added into the loan principal.
Interest-only mortgage
The borrowers are excused from paying the principle for a specific number of years.
Teaser mortgage
Interest rate is below market rate or set artificially low at first.
How many years do home-equity loans typically last?
15-20 years
In the mid-2000s, the mortgage market had become increasingly dominated by…
Negligent writing.
Thousands for borrowers who could clearly not afford them.
An attached house is more or less expensive to maintain than a comparable detached house?
Less expensive, due to the shared wall.
Mortgage Lenders
Provide funds for the purchase of a home
Escrow Officers
Coordinate the transfer of property
Mortgage Brokers
Coordinate sales and marketing for loan sources, but do not provide funds.
An interior designer will analyze which of the following;
Physical change in the home over time
Construction tactics
Programmatic information
How to manipulate the entire property
Programmatic information
The deterioration of mortgage underwriting was a classic example of what economists call ______________.
The principal agency problem
Public housing, help for renters, and supporting states and committees with funds for developing housing programs are which type of federal subsidy?
Supply-side (or project based)
Section 8 housing and rental subsides come under this plan.
The primary disadvantage of tax incentives for equity investments is that they are ______________.
Inefficient
A substantial portion of each tax expenditure dollar goes not to brick and mortar but to the “transaction costs of raising investment capital and to providing a return on the capital invested.”
Combined, both types of tax expenditures for investments in rental housing and mortgage revenue bonds housing currently account for about _____% of total housing-related tax expenditures?
16%
What element of interior design refers to movement and guides the eye through the room?
Line
Craftsman housing is characterized by large amounts of what in the homes?
Interior woodworks
According to the most common standard for affordability in the US, what percentage is a person’s income would be considered affordable for housing?
30%
Which is often used by lenders to secure a home equity loan?
Life/disability insurance
Credit cards
Nothing
The borrower’s wages
Life/disability insurance
Private mortgage insurance is usually required by the holder until the owner has what percent equity in the home and requests cancellation of the payment?
20%
Which plan shows the buildings, utility runs, and equipment layout, the position of roads, and other constructions of an existing or proposed project site?
Foundation
Plot
Floor
Elevation
Plot plan
Which plan shows the front or side of something? (They are essential in kitchen design)
Plot
Floor
Foundation
Elevation
Elevation drawings
