Housing: Hearings Before the Committee on Banking and Currency, United States Senate, Eightieth Congress, Second Session, on Perfecting Amendments to S. 866, Housing, March 31 and April 1, 1948
U.S. Government Printing Office, 1948 - 216 pages
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additional Administrator amended amount annual contributions applicable appropriate approved areas assistance authorized bill building capital carry CHAIRMAN changes charges committee Congress connection construction contract Corporation cost determined dwellings effect equal established exceed excess existing expenses extent families farm Federal financing FOLEY functions funds further going Government grant hereby Home improvements income increase interest investment investor involved issued July land legislation less limited loans locality low-rent housing maximum mean ment mortgage National Housing Act necessary obligations operating outstanding payment percent period powers present principal private enterprise proposed public agency public housing purchase pursuant reasonable redevelopment relating rental housing rents respect Secretary Senator Flanders Senator MCCARTHY Senator ROBERTSON Senator TAFT slum subsection thereof tion Treasury United veterans
Page 6 - 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 6 - Administrator to be issued hereunder and for such purpose the Secretary of the Treasury 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 under such Act, as amended, are extended to include any purchases of such notes and obligations.
Page 24 - 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 60 - The Congress hereby declares that the general welfare and security of the Nation and the health and living standards of its people require housing production and related community development sufficient to remedy the serious housing shortage, the elimination of substandard and other inadequate housing...
Page 18 - In the performance of, and with respect to, the functions, powers, and duties...
Page 5 - ... showing a necessity for a survival of such suit, action, or other proceeding to obtain a settlement of the questions involved, may allow the same to be maintained by or against the...
Page 66 - The Secretary of the Treasury, in his discretion, is authorized to purchase any obligations of the Corporation issued hereunder, and for such purpose the Secretary of the Treasury is authorized to use as a public-debt transaction the proceeds from the sale of any securities hereafter issued under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under such Act, as amended, are extended to include any purchases of the Corporation's obligations hereunder.
Page 16 - 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 72 - ... in the Treasury not otherwise appropriated, and thereupon to the extent of the amount so paid the Secretary of the Treasury shall succeed to all the rights of the holders of such obligations.
Page 73 - ... the faith of the United States is solemnly pledged to the payment in coin, or its equivalent of all the obligations of the United States...