Administration's Plans for Housing and Community Development Programs and Their Role in the President's Economic Stimulus Plans: Hearings Before the Subcommittee on Housing and Community Development of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One Hundred Third Congress, First Session, February 17 and 24, 1993, Volume 4U.S. Government Printing Office, 1994 - 169 pages |
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Page 27
... mortgage market . You have obviously got regulatory responsibilities there , but how can we use those commitments and those resources to better meet the needs , because I think that we are just going to have to stretch the dollars we ...
... mortgage market . You have obviously got regulatory responsibilities there , but how can we use those commitments and those resources to better meet the needs , because I think that we are just going to have to stretch the dollars we ...
Page 38
... mortgage insurance , disaster housing , vacant HUD properties . Voucher assistance can- not be used because of a lack of housing available for vouchers . There is no real coordinated strategy to ensure insurance pay- ments , including ...
... mortgage insurance , disaster housing , vacant HUD properties . Voucher assistance can- not be used because of a lack of housing available for vouchers . There is no real coordinated strategy to ensure insurance pay- ments , including ...
Page 49
... mortgage revenue bonds , perma- nently , again , a very powerful program for making money available for housing . Third , the proposed creation of enterprise zones , a joint initiative being orchestrated by the National Economic Coun ...
... mortgage revenue bonds , perma- nently , again , a very powerful program for making money available for housing . Third , the proposed creation of enterprise zones , a joint initiative being orchestrated by the National Economic Coun ...
Page 51
... mortgage investment conduits- REMICS - which would reduce mortgage cost to borrowers by enabling intermediaries to match investor preferences more precisely . It is a device that Ginnie Mae has the capability of setting up which it has ...
... mortgage investment conduits- REMICS - which would reduce mortgage cost to borrowers by enabling intermediaries to match investor preferences more precisely . It is a device that Ginnie Mae has the capability of setting up which it has ...
Page 57
... mortgages . We think we can do a better job with that . We think that this is going to be a good year for getting started . All indications are that between the combination of low interest rates , pent - up demand , and the kind of ...
... mortgages . We think we can do a better job with that . We think that this is going to be a good year for getting started . All indications are that between the combination of low interest rates , pent - up demand , and the kind of ...
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Common terms and phrases
accelerate administration affordable housing American appropriate areas assistance billion Block Grant budget authority CDBG program Chairman GONZALEZ cities commitment Committee community development banks concern Congress Congressman costs deficit reduction economic stimulus ensure expenditure Fannie Mae February 24 Federal fiscal Freddie Mac GNMA goals going gram hear Henry Cisneros HOME Program hope HOUSING AND COMMUNITY Housing and Urban HUD's implement improve increase Indian Housing initiative issue KWEISI MFUME LAFALCE loan look forward low-income Mae and Freddie Marge Roukema mayors ment MFUME modernization funds Mortgage multifamily Office partnership percent President Clinton problems proposed Public and Indian Public Housing Modernization questions reform regulations REMIC requirements response ROUKEMA San Antonio savings SCHUMER Secretary CISNEROS specific staff statement stimulus package SUBCOMMITTEE ON HOUSING Supportive Housing talk Thank things Urban Development VENTO vouchers waive waivers week
Popular passages
Page 161 - Office oversees the financial safety and soundness of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) to ensure that they are adequately capitalized and operating safely.
Page 13 - Chairman, it is with a great deal of pride and pleasure that I introduce three superb New Yorkers to you and this committee.
Page 17 - I come to this assignment as an advocate of the cities, a skeptic of the status quo, and a believer in experimentation, federalism, and the need to provide people with hope.
Page 131 - Mr. Chairman, I appreciate the opportunity to tell you about our contributions to readiness and our efforts at running an efficient business. I have attached to my statement some additional details on our operations and our budget request.
Page 148 - Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC) mortgage-backed securities.
Page 105 - Reagan delivers his State of the Union address to a joint session of the Congress of the United States (Art Stein/Photo Researchers ) POLICY ANALYSIS IN POLITICAL SCIENCE This book is about public policy.
Page 103 - ... hopeless of our people sleeping on grates and huddled in the doorways of buildings vacated after the workday — people whose lives are as empty as the buildings they use for shelter. This is not our vision of America, and we must work together to restore care and dignity to those bereft of hope. We need long-term solutions — a comprehensive, integrated approach to reducing homelessness in America. At the same time, we must meet their immediate needs, and I am advocating the use of closed military...
Page 103 - Federal properties — such as closed military bases — for the homeless. Mr. Chairman, I believe there are solutions to every problem confronting our country and our people — and I want to find those solutions and make them work. When I return to appear before you again in April, I will detail for you our specific proposals for improved and increased homeless assistance.
Page 20 - Year 1992 funds, only 4 percent of HOME funds have been committed by participating jurisdictions, and only 2 percent have been expended. Two-thirds of the 435 jurisdictions participating in the program have not yet set up their first project, and local officials and housing providers have...
Page 110 - Timely action Is essential to provide construction industry jobs and to stimulate our overall economy, as well as to fulfill our responsibilities to provide decent, safe, sanitary, and affordable housing for the nation's lower income oititens.