Statement of—Continued Hess, W. Albert, executive director, Consumer Bankers Association.. Holifield, Hon. Chet, a Representative in Congress from the State of 177 Karsten, Hon. Frank M., a Representative in Congress from the State Kazan, A. E., manager, Amalgamated Cooperative Apartments, New King, Hon. Cecil R., a Representative in Congress from the State of King, T. B., Director Loan Guaranty Service, Veterans' Administra- Klein, Hon. Arthur G., a Representative in Congress from the State of Korink, George, Bureau of Yards and Docks, Navy Department. Kreutz, Oscar R., executive manager, National Savings and Loan Krooth, David L., representing the National Housing Conference_ Leon, Richard, president, Bellmawr Park Mutual Housing Corp Lind, Hon. James F., a Representative in Congress from the State of Lockwood, Rodney M., president, National Association of Home McSweeney, Hon. John, a Representative in Congress from the State Mason, Norman, past president, National Retail Lumber Dealers 69, 205 517 61 175 377 527 Nichols, C. N., managing director, Northeastern Roofing, Siding & 216 Niederlehner, Leonard, counsel, Munitions Board. 61 O'Grady, Rt. Rev. Msgr. John, secretary, National Conference of 455 Reckman, William A., chairman, subcommittee on mortgage financing Reese, L. L., Office of Legislation, Veterans' Administration Richards, Franklin D., Commissioner, Federal Housing Administra- Snyder, Calvin K., secretary, Realtors' Washington Committee, 450 Strandlund, Carl D., president, Lustron Corp. 425 Summer, Alexander, president, Alexander Summer Co., Teaneck, 446 Thompson, Wayne E., city manager, Richmond,_Calif. 129 Statement of-Continued Page Weitzer, Bernard, national legislative representative, Jewish War 518 Wilson, Hon. J. Frank, a Representative in Congress from the State 516 Wohlstetter, Albert, vice president, National Association of Housing Additional data submitted for the information of the committee: American Federation of Labor, housing committee: Article from Mobile Press and Register of August 5, 1949, entitled "Housing Authority Seeking Addition of Sixth Project-Mobile Brown, Perry, National Commander, American Legion, letter of H. R. 4389, a bill to provide for the transfer of the temporary Dingell, Hon. John D.: Letter of April 7, 1949, to Hon. Brent Spence- Van Antwerp, Hon. Eugene I., mayor, city of Detroit: Letter of April 4, 1949, to Hon. John D. Dingell.. Eckstein Co., wholesale distributors, heating equipment and supplies, Income and expenses of operation, by fiscal years, from 1935 to 58 Letter and statement of July 26, 1949, concerning possible tax exemptions available to cooperative ownership housing corpo- Forand, Hon. Aime J.: Letter from, transmitting letter from Newport Housing Authority. 534 Exhibit 5.-Comparison FHA-VA to 100 percent VA loans. Exhibit 6.-Comparative monthly payments, $7,000 home.-- Exhibit 7.-Comparison of monthly financing costs for veterans' Additional data submitted for the information of the committee-Con. Estimated average monthly gross rent achievable under a non- Estimated gross rents on a four and one-half-room unit, costing $9,000; term of mortgage 40, 50, and 60 years-nonprofit Equal monthly payments required covering interest and principal on List of projects requested for transfer for low-rent use.. 167 Table IV.-Relinquishments and transfers to educational in- Kelley, Hon. Augustine B., letter from of August 4, 1949, to Hon. 532 Sloan, James K., San Francisco, Calif., letter of July 27, 1949- 532 Exhibit B.-Holtzendorff, Howard L., letter from, of October 4, 512 Exhibit C.-Resolution adopted by the Los Angeles County 512 Exhibit D.-Resolution adopted by the City Council of the city 513 Exhibit E.-Letter of April 5, 1949, from Housing Authority of 514 Exhibit F.-Letter of August 2, 1949, from the city clerk, city of 515 510 Military requirements and proposed transfers to local housing 65 Permanent housing projects requested for transfer to Army or Navy which, under bill, would be transferred to local housing Foley, Raymond M., letter of July 18,1949, from. Estimated monthly rent per unit achievable by a nonprofit association using 100 percent direct loans compared with a rental project whose mortgage is insured by FHA under section 608 of the National Housing Act, assuming a four and one-half room unit with total cost of $9,000 - - - - Additional data submitted for the information of the committee-Con. Average value, average interest rate, and holder of first mortgage National Housing Conference: Analysis requested by Representative Hugh B. Mitchell regard- National Savings and Loan League: Letter of August 5, 1949, to Hon. Hugh B. Mitchell.. Bond yields (percent per annum). Letter of July 29, 1949, with suggested amendment designed to facilitate the use of the guaranty benefit in title III of the United States Conference of Mayors, letter and statement of July 30, United States Savings and Loan League: Page 490 246 229 346 492 Volume of home loans, 1939-48- 300 Exhibit A.-Answers to questionnaire sent to Greenmont Mutual 113 Exhibit B.—Answers to questionnaire sent to Dallas Park Mutual 115 |