Housing: Hearings ...U.S. Government Printing Office, 1947 - 647 pages Considers legislation to reorganize Federal housing agencies and programs. |
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Page 4
... thing is closed up , and it was entirely closed up as far as subsidies are concerned on the 1st of April . In other words , that method of trying to produce more materials apparently was a complete failure . Out of the 400 million we ...
... thing is closed up , and it was entirely closed up as far as subsidies are concerned on the 1st of April . In other words , that method of trying to produce more materials apparently was a complete failure . Out of the 400 million we ...
Page 6
... things , but we have tried to make it clear that we do not desire to interfere with the autonomy of these three agencies ; that they sit on the Board , they join in the discussion of all Federal housing policy , and the thing is worked ...
... things , but we have tried to make it clear that we do not desire to interfere with the autonomy of these three agencies ; that they sit on the Board , they join in the discussion of all Federal housing policy , and the thing is worked ...
Page 7
... thing , get a very reasonable return , that 4 percent is probably as low as we should go . That is the provisions in the present bill . We only gave 31⁄2 percent before to cooperative agencies , to universities , and to this very low- I ...
... thing , get a very reasonable return , that 4 percent is probably as low as we should go . That is the provisions in the present bill . We only gave 31⁄2 percent before to cooperative agencies , to universities , and to this very low- I ...
Page 9
... thing turning over , are $ 500,000,000 . Senator BRICKER . That covers only slums and not any city planning ... things of that kind . They take in areas like the bottoms in Cincinnati where you have got perhaps pre- dominantly wholesale ...
... thing turning over , are $ 500,000,000 . Senator BRICKER . That covers only slums and not any city planning ... things of that kind . They take in areas like the bottoms in Cincinnati where you have got perhaps pre- dominantly wholesale ...
Page 10
... thing was cleared up . If you want to capitalize it you would have to pay a grant based on whatever the interest rate is on that $ 20,000,000 . Senator BRICKER . Are you confident that that couldn't be made . financially profitable for ...
... thing was cleared up . If you want to capitalize it you would have to pay a grant based on whatever the interest rate is on that $ 20,000,000 . Senator BRICKER . Are you confident that that couldn't be made . financially profitable for ...
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Common terms and phrases
amendment amortization annual contributions areas Banking and Currency Board builders building Census CHAIRMAN CHARLES W cities Congress construction cost Currency Committee D. C. DEAR DECKMAN economic rent families farm Federal Government Federal Home Loan Federal Housing Administration Federal Savings financing FPHA going groups Home Loan Bank Housing Act Housing Administration Housing Authority housing problem housing program housing projects income increase industry interest rate investment labor land legislation living loan associations Loan Insurance Corporation low-rent housing March 28 ment mortgage NELSON occupied dwelling units operation Parkchester percent present private enterprise proposed public housing rent ceilings rent control rental housing ROBERTSON of Virginia rural Savings and Loan Senate Banking Senator BUCK Senator CAPEHART Senator MCCARTHY Senator ROBERTSON Senator TAFT slum clearance statement subsidy TECKEMEYER tenants tion title IX United States Housing United States Senate urban redevelopment veterans Wagner-Ellender-Taft bill 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.