Housing Act of 1954: Hearing Before ... , 83-2 on H.R. 7839 ... , March 2... 18, 19541954 - 889 pages |
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Page 8
... financing is required to facilitate the construction of the dwelling and provide financing pending the subsequent sale thereof to a qualified owner - occupant , and in such instances the mortgage shall not exceed 85 per centum of the ...
... financing is required to facilitate the construction of the dwelling and provide financing pending the subsequent sale thereof to a qualified owner - occupant , and in such instances the mortgage shall not exceed 85 per centum of the ...
Page 13
... financing ; " ( b ) provide special assistance ( when , and to the extent that , the Presi- dent has determined that it is in the public interest ) for the financing of ( 1 ) selected types of home mortgages ( pending the establishment ...
... financing ; " ( b ) provide special assistance ( when , and to the extent that , the Presi- dent has determined that it is in the public interest ) for the financing of ( 1 ) selected types of home mortgages ( pending the establishment ...
Page 36
... financing relatively less costly home repairs and improvements , is of limited assistance to families of modest income who need to finance major home improve- ments or modernization work . Assistance for such work therefore must be on a ...
... financing relatively less costly home repairs and improvements , is of limited assistance to families of modest income who need to finance major home improve- ments or modernization work . Assistance for such work therefore must be on a ...
Page 39
... financing , the FHA requires a considerable degree of flexibility in its operations . It should not be in the position of having to close down insurance operations because of the exhaustion of its insurance authorization . There is ...
... financing , the FHA requires a considerable degree of flexibility in its operations . It should not be in the position of having to close down insurance operations because of the exhaustion of its insurance authorization . There is ...
Page 44
... financing . It should be emphasized , however , that the effectivness of the program depends fundamentally on local ... financed housing under insured mortgages for families displaced by governmental action from urban renewal areas ...
... financing . It should be emphasized , however , that the effectivness of the program depends fundamentally on local ... financed housing under insured mortgages for families displaced by governmental action from urban renewal areas ...
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Common terms and phrases
agency amended amount areas Association average banks believe bill BOLLING builders building capital CHAIRMAN charges COLE Commissioner Congress construction cooperative housing Corporation cost DEANE debentures DOLLINGER downpayment dwelling economic estimated existing facility families Federal Housing Administration FHA insurance FNMA funds future advances going guaranteed HIESTAND HOLLYDAY housing cooperatives housing program income increase industry interest rates investment legislation lenders lending lien limit loan to value maximum MCDONOUGH ment MERRILL million mort mortgage insurance mortgage loans mortgage market MULTER MUMMA MURPHY National Housing Act O'HARA OAKMAN operation PATMAN payments percent present President problem projects proposed public housing purchase question recommendation rehabilitation REILLY rent rental Reserve residential savings and loan secondary market section 221 SHANKS SHISHKIN slum clearance SLUSSER statement substandard tion trailer coach Treasury urban renewal VA loans veterans