National Affordable Housing Act: Hearings Before the Subcommittee on Housing and Urban Affairs of the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundredth Congress, Second Session ... September 14, 21, 22, and 28, 1988, Volumes 22-23

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Page 638 - NMHC are engaged in all aspects of the development and operation of rental housing, including the ownership, building, financing, management, and conversion to condominium or cooperative ownership of such properties.
Page 205 - US Conference of Mayors, National League of Cities, National Association of Counties...
Page 141 - Professor in the Department of Urban Studies and Planning at the Massachusetts Institute of Technology and was a consultant to the National Commission on Severely Distressed Public Housing.
Page 639 - ... projects with mortgages insured or held by HUD. However, HUD will preempt the regulation of rents, together with any board regulations which require the mortgagor to offer a lease for a term in excess of one year, under certain conditions. This preemption may occur for such a project when the Department determines that the delay or decision of a board prevents the mortgagor from achieving a level of residential income necessary to maintain and operate adequately the project, which lncludes sufficient...
Page 397 - He concludes that: . . . the savings per person per year with congregate housing would range from $4,233-$5,880 if new congregate housing and long-term care facilities were built and began operation in 1985. For a facility of 148 residents or apartments the savings of building and maintaining comparable elderly in congregate housing as opposed to a long-term care facility ranges from $630,000-$880,000 per facility per year.
Page 8 - ... average, have increased over 500 percent in the last 15 years. This has developed into a situation wherein the indigent veteran can no longer afford to die, as there is not enough benefit from the veterans burial allowance and social security, to cover the cost of last expenses. That concludes my report. Thank you very much, Mr. Chairman. Senator CRANSTON. Thank you very much, Mr. Ortiz. Mr. Ortiz, with respect to the $105 million increase that you refer to, I am delighted to advise you that...
Page 435 - We have provided direct, on-site technical assistance to scores of communities and community-based organizations in the planning, financing, development, and management of housing construction and rehabilitation programs, resulting in the addition or retention of thousands of affordable housing units. These projects Include a series of self-help rehabilitation programs in Texas financed by the Farmers Home Administration (FmHA); one of the only FmHA-f inanced limited-equity cooperatives in the United...
Page 157 - Dirksen Senate Office Building, Senator Alan Cranston (chairman of the subcommittee) presiding. Present: Senators Cranston and Pressler.
Page 435 - STATEMENT OF CHARLES KAMASAKI, DIRECTOR OF POLICY ANALYSIS, NATIONAL COUNCIL OF LA RAZA Mr. KAMASAKI. Thank you, Mr. Chairman.
Page 395 - When the questions asked and the assumptions made are similar, the results from a variety of states and localities are very similar. — Every study reviewed, including the HUD report, found significant cost savings for congregate housing with services over nursing home care when costs were compared for typical individual service recipients over a specified period of time. The most tightly controlled study, which scrupulously accounted for all costs and savings, conservatively estimates the savings...

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