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To help alleviate the still acute housing shortage, the family founded the "Gemeinnützige Wohnungsgesellschaft A GmbH" in early 1949. In addition to the Carlshütte, Severin's SAB also financed the new company, which primarily created cheap housing for the many displaced persons. In September 1949, the topping-out ceremony for the first construction phase of a housing estate with 36 flats was celebrated.
