Progress Report on Federal Housing Programs, Hearing Before a Subcommittee of ..., 87-2 ..., August 29, 1962 |
Common terms and phrases
activities addition amended applications appropriation approved Area Redevelopment Act August 29 bond issues borrowing cities commitments committee communities Congress construction CONWAY cooperation cost defaults demonstration direct loan discount dwelling elderly eligible established existing homes facility loan program farm Federal Housing Administration FHA insuring FHA's fiscal year 1962 FNMA FNMA's foreclosures funds HARDY HHFA Home Finance Agency home improvement Home Loan home mortgages Housing and Home housing authorities housing program improvement increased insured mortgages interest rate July June 30 legislation lenders limited loan insurance low-income mass transportation maturities MCGUIRE million mortgage insurance mortgagors multifamily municipal National Housing Act needs outstanding payments percent period property acquisitions public agencies public facility loans public housing purchase reasonable terms regional offices rehabilitation relocation rental secondary market operations section 203 Senator SPARKMAN tion U.S. Housing Act urban planning urban renewal areas urban renewal projects veterans
Popular passages
Page 124 - Twenty directors were to be elected annually by the stockholders, and five, being stockholders, were to be appointed by the President of the United States and confirmed by the Senate. The federal government was to charter no other bank during the period of the charter of this.
Page 62 - ... home mortgages generally as a means of retarding or stopping a decline in mortgage lending and home building activities which threatens materially the stability of a high level national economy...
Page 100 - FNMA's secondary market operations. MORTGAGES ELIGIBLE FOE PtTKCHASE BY FNMA Mortgages purchased for the portfolio of FNMA's secondary market operations are restricted by statute to those which (1) are insured by the Federal Housing Administration or guaranteed by the Veterans...
Page 114 - Administrator is authorized to make grants or loans (directly, through the purchase of securities or equipment trust certificates, or otherwise) to assist States and local public bodies and agencies thereof in financing the acquisition, construction, reconstruction, and improvement of facilities and equipment for use, by operation or lease or otherwise, in mass transportation service in urban areas and in coordinating such service with highway and other transportation in such areas.
Page 123 - It establishes policies, issues regulations, and supervises the operations of the Federal Home Loan Bank System, the Federal Savings and Loan Insurance Corporation, and the Federal Savings and Loan System.
Page 97 - Act; (2) the public housing agency shall adopt and promulgate regulations establishing admission policies which shall give full consideration to its responsibility for the rehousing of displaced families, to the applicant's status as a serviceman or veteran or relationship to a serviceman or veteran or to a disabled serviceman or veteran, and to the applicant's age or disability, housing conditions, urgency of housing need, and source of income...
Page 15 - Government, and builds on the progress being made by the Housing and Home Finance Agency and the Bureau of Public Roads in interdepartmental relationships.
Page 100 - ... provide supplementary assistance to the secondary market for home mortgages by providing a degree of liquidity for mortgage investments, thereby improving the distribution of investment capital available for home mortgage financing...
Page 88 - In providing technical assistance under this act in the field of education, health, housing, or agriculture, or in other fields, the head of any such agency or such officer shall utilize, to the fullest extent practicable, the facilities and resources of the Federal agency or agencies with primary responsibilities for domestic programs in such fields.
Page 96 - ... including dwellings involving the utilization and testing of advanced technology in housing design, materials, or construction, or experimental property standards for neighborhood design if the...