Housing Amendments of 1949: Hearings Before a Subcommittee of the Committee on Banking and Currency, United States Senate, Eighty-first Congress, First Session, on S. 2246, a Bill to Amend the National Housing Act, as Amended, and for Other Purposes, July 26, 27, 28, and 29, 1949United States. Congress. Senate. Committee on Banking and Currency, United States. Congress. Senate. Committee on Banking and Currency. Subcommittee on Housing and Rents U.S. Government Printing Office, 1949 - 469 pages Considers S. 2246, to amend the National Housing Act. |
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Page
... guaranty of home loans .. 31 New coustruction of nonfarm homes , etc. , chart_ 32 VA guaranteed home loans compared with mortgage recordings of $ 20,000 or less , chart___ 32 GI home loans guaranteed , total , chart .. Comparative rate ...
... guaranty of home loans .. 31 New coustruction of nonfarm homes , etc. , chart_ 32 VA guaranteed home loans compared with mortgage recordings of $ 20,000 or less , chart___ 32 GI home loans guaranteed , total , chart .. Comparative rate ...
Page 23
... guaranty entitlement and shows to the satisfaction of the Administrator that he is unable to obtain from private lending sources at an interest rate not in excess of 4 per centum per annum a loan for which he is qualified under section ...
... guaranty entitlement and shows to the satisfaction of the Administrator that he is unable to obtain from private lending sources at an interest rate not in excess of 4 per centum per annum a loan for which he is qualified under section ...
Page 24
... guaranty under section 500 ( a ) of this title . " SEC . 513. ( a ) For the purposes of section 512 of this title , the Secretary of the Treasury is hereby authorized and directed to make available to the Ad- ministrator such sums , not ...
... guaranty under section 500 ( a ) of this title . " SEC . 513. ( a ) For the purposes of section 512 of this title , the Secretary of the Treasury is hereby authorized and directed to make available to the Ad- ministrator such sums , not ...
Page 29
... guaranty within the limitations of this title shall decrease or increase pro rata with any decrease or increase of the amount , of the unpaid portion of the obligation ; ( 2 ) that such loans shall bear interest at such rate as may be ...
... guaranty within the limitations of this title shall decrease or increase pro rata with any decrease or increase of the amount , of the unpaid portion of the obligation ; ( 2 ) that such loans shall bear interest at such rate as may be ...
Page 30
... guaranty by the Veterans ' Adminis- tration of second mortgages on GI loans . There is a lot of material to support these provisions , but the legislation necessary to accomplish these objectives is simple . To put the matter before you ...
... guaranty by the Veterans ' Adminis- tration of second mortgages on GI loans . There is a lot of material to support these provisions , but the legislation necessary to accomplish these objectives is simple . To put the matter before you ...
Common terms and phrases
Administrator agency ALESSANDRONI amended American Legion amortization amount areas Association believe bill builders building Chairman City manager committee Congress construction cooperative housing cost direct lending direct loans dwelling families Federal Government Federal Housing Administration feel FHA loans FNMA FOLEY funds going guaranty HENLE HOLIFIELD home loans home ownership Housing Authority housing program housing project income interest rate KROOTH land Lanham Act legislation lenders LOCKWOOD low-rent Mayor ment month monthly mortgage municipalities National Housing Act nonprofit O'LEARY operation payment percent period present president problem proposed public housing purchase purposes question Readjustment Act RECKMAN reference rent rental housing savings secondary market section 608 Senator BRICKER Senator CAIN Senator DOUGLAS Senator LONG Senator MAYBANK Senator SPARKMAN Servicemen's Readjustment Act statement temporary housing tenants tion transfer units VA loans veterans
Popular passages
Page 16 - Such notes or other obligations shall bear interest at a rate determined by the Secretary of the Treasury, taking into consideration the current average market yield on outstanding marketable obligations of the United States of comparable maturities during the month preceding the issuance of the notes or other obligations.
Page 5 - In the performance of, and with respect to, the functions, powers, and duties...
Page 2 - Insurance Fund. The principal of, and interest paid and to be paid on, debentures...
Page 23 - All redemptions, purchases, and sales by the Secretary of the Treasury of such notes or other obligations shall be treated as public debt transactions of the United States.
Page 23 - Treasury is authorized and directed to purchase any notes and other obligations issued hereunder and for such purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued...
Page 417 - ... the production of housing of sound standards of design, construction, livability, and size for adequate family life...
Page 16 - ... (b) A loan pursuant to this title shall be secured in such manner, and shall be repaid within such period not exceeding fifty...
Page 25 - A loan secured by real estate within the meaning of this section shall be in the form of an obligation or obligations secured by...
Page 25 - Congress that if any provisions of this Act, or the application thereof to any persons or circumstances, shall be adjudged by any court of competent jurisdiction to be invalid, such judgment shall not affect, impair, or invalidate the remainder of this Act or its applications to other persons and circumstances...
Page 186 - ... that the construction will be undertaken in an economical manner and that it will not be of elaborate or extravagant design or materials.