Housing: Hearings ...U.S. Government Printing Office, 1947 - 647 pages Considers legislation to reorganize Federal housing agencies and programs. |
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Page 2
... families of the people and of the children who grow up in the United States , as the home surroundings in which those children grow up . Nothing in my opinion is more important to secure something like equal opportunity for American ...
... families of the people and of the children who grow up in the United States , as the home surroundings in which those children grow up . Nothing in my opinion is more important to secure something like equal opportunity for American ...
Page 26
... families of lower income ; by extending the principle of FHA insur- ance to direct investments in rental housing ; and by extending aid to cities for the assembly and preparation of land in slums and blighted areas for redevelopment ...
... families of lower income ; by extending the principle of FHA insur- ance to direct investments in rental housing ; and by extending aid to cities for the assembly and preparation of land in slums and blighted areas for redevelopment ...
Page 33
... FAMILIES OF LOWER INCOME This title recognizes that there are income groups which can and should be served by private enterprise rather than by public housing endeavor , but whom private enterprise would not be able to serve under ...
... FAMILIES OF LOWER INCOME This title recognizes that there are income groups which can and should be served by private enterprise rather than by public housing endeavor , but whom private enterprise would not be able to serve under ...
Page 34
... families of lower income . The program involves , subject always to the condition of economic soundness , a combination of a 90 - percent loan , 40 - year maturity , and maximum interest rate of 4 percent . Also , in order to encourage ...
... families of lower income . The program involves , subject always to the condition of economic soundness , a combination of a 90 - percent loan , 40 - year maturity , and maximum interest rate of 4 percent . Also , in order to encourage ...
Page 35
... families of moderate income at the rentals proposed , which need is not adequately being met by private enterprise without yield insurance ; ( 2 ) that the project be economically sound and afford reasonable assurance of stability and ...
... families of moderate income at the rentals proposed , which need is not adequately being met by private enterprise without yield insurance ; ( 2 ) that the project be economically sound and afford reasonable assurance of stability and ...
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Common terms and phrases
acceptable housing amended annual contributions areas Banking and Currency Board builders building Census CHAIRMAN CHARLES W cities Congress construction cost Currency Committee D. C. DEAR decent DECKMAN economic rent families farm Federal Government Federal Home Loan Federal Housing Administration Federal Public Housing Federal Savings financing flush toilet FPHA going Home Loan Bank Home Owners Housing Act Housing Administration housing problem housing program housing projects housing shortage income increase industry labor LAGUARDIA Lanham Act legislation living loan associations Loan Bank Administration Loan Insurance Corporation low-rent housing March 28 MAYBANK ment mortgage nonfarm operation percent present private enterprise proposed rent control rental housing ROBERTSON of Virginia rural Savings and Loan Senate Banking Senator BUCK Senator CAPEHART Senator FLANDERS Senator MCCARTHY Senator ROBERTSON Senator TAFT SHISHKIN statement subsidy tenants tion title IX United States Housing United States Senate veterans Washington
Popular passages
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.