Housing: Hearings ...
U.S. Government Printing Office, 1947 - 647 pages
Considers legislation to reorganize Federal housing agencies and programs.
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Common terms and phrases
additional Administrator agencies amended American amount annual areas assistance associations authority believe bill Board builders building built CHAIRMAN cities committee Congress construction continue Corporation cost dwelling units effect existing fact families farm Federal Federal Government Federal Home Loan feel figures financing further give going Government Home Loan Bank Housing Authority income increase industry institutions interest investment labor land legislation less limited living low-rent matter means meet million month mortgage National Housing necessary NELSON occupied operation Owners percent period persons present private enterprise problem proposed public housing question reason redevelopment rent rental represent rooms rural Savings and Loan Senator Senator Buck slum statement subsidy thing tion urban veterans Washington
Page 449 - If any provision of this Act, or the application of such provision to any person or circumstance, shall be held invalid, the remainder of this Act, or the application of such provisions to persons or circumstances other than those as to which it is held invalid, shall not be affected thereby.
Page 83 - 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 307 - UNITED STATES SENATE, COMMITTEE ON BANKING AND CURRENCY, Washington, DC The committee met at 10 : 30 am, pursuant to recess on yesterday, in room 301 Senate Office Building, Senator Robert F.
Page 38 - Authority that a gap of at least 20 per centum (except in the case of a displaced family or an elderly family) has been left between the upper rental limits for admission to the proposed low-rent housing and the lowest rents at which private enterprise unaided by public subsidy is providing (through new construction and available existing structures) a substantial supply of decent, safe, and sanitary housing toward meeting the need of an adequate volume thereof...
Page 24 - The policy to be followed in attaining the national housing objective hereby established shall be: (1) private enterprise shall be encouraged to serve as large a part of the total need as it can; (2) governmental assistance shall be utilized where feasible to enable private enterprise to serve more of the total need...
Page 35 - maximum opportunity, consistent with the sound needs of the locality as a whole...
Page 83 - 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 42 - ... without charge or at such charges as the Secretary may determine, technical services such as building plans, specifications, construction supervision and inspection, and advice and information regarding farm dwellings and other buildings. The Secretary is further authorized to conduct research and technical studies...
Page 550 - Mortgage means such a first lien upon real estate and other property as is commonly given to secure advances on, or the unpaid purchase price of, real estate under the laws of the State, district or territory in which the real estate is located, together with the credit instrument or instruments, if any, secured thereby. In any instance where an operating loss loan is involved, the term shall include both the original mortgage and the instrument securing the operating loss loan. (d) Mortgagee...
Page 459 - Home Loan Bank Board and by the Federal Savings and Loan Insurance Corporation : Provided, That if the insurance of accounts is terminated in connection with such conversion, the notice and other action shall be taken as provided by law and regulations for the termination of insurance of accounts.