that time have been constantly full. The applicants for tenements, whenever
one becomes vacant, are always numerous.

The cost of these two buildings was a little over $18,000 each, exclusive
of the cost of the land upon which they stand. The land cost about $8,000;
and the whole cost of the buildings, including some slight changes
subsequent to their original erection, and of the lot on which they stand,
would be more than covered by the sum of $46,000.

The rents were fixed upon a scale varying with the amount of accommodation
afforded by the separate tenements, and with their convenience of access.
They run from $2 to $2.87 per week. By those familiar with the rents paid
by the poor these sums will be seen to be not higher than are frequently
paid for the most unhealthy and inconvenient lodgings. The total annual
amount of rent received from each house is $2,353, which, after paying
taxes, water-rates, gas-bills, and all other expenses, including all
repairs necessary to keep the building in good order, leaves a full six per
cent. interest upon the sum invested.

A portion of the land purchased by the Association not having been occupied
by the two houses already described, it was determined to erect a third
house upon it, of a somewhat superior character, for a class just above the
line of actual poverty, but often forced by circumstances into unhealthy
and uncomfortable homes. This was accordingly done, at a cost, including
the land, of about $26,000. The house, of which the plan is well worthy of
imitation, contains a shop and nine tenements. These tenements, which form
not only comfortable, but agreeable homes, are rented at from two to three
hundred dollars a year, and the gross income derived from the building is
about $2,500.