Housing Act of 1955, Hearing Before a Subcommitee of ..., 84-1 on S.789, S.1022, S.1412, S.1501 ..., May 10 ... 20, 19551955 - 627 pages |
From inside the book
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Page 30
... percent of the aggregate unpaid principal of all the home mortgage loans held by such institution ( but not less than $ 1,500 , which amount was later reduced to $ 500 ) . That requirement was not changed further until 1950 when a new ...
... percent of the aggregate unpaid principal of all the home mortgage loans held by such institution ( but not less than $ 1,500 , which amount was later reduced to $ 500 ) . That requirement was not changed further until 1950 when a new ...
Page 36
... percent in the Air Force . If I make any statements here today that I find later are not factual , I would like to correct them , but I think it is 80 percent in the Air Force that are married . Senator SPARKMAN . You mean 80 percent of ...
... percent in the Air Force . If I make any statements here today that I find later are not factual , I would like to correct them , but I think it is 80 percent in the Air Force that are married . Senator SPARKMAN . You mean 80 percent of ...
Page 38
... percent . It is a fact , I presume , that the Government must sell bonds on direct appropriations for possibly 334 or let us say 3 percent . One million dollars amounts to selling a $ 1 million bond due in 25 years . The interest on ...
... percent . It is a fact , I presume , that the Government must sell bonds on direct appropriations for possibly 334 or let us say 3 percent . One million dollars amounts to selling a $ 1 million bond due in 25 years . The interest on ...
Page 39
... percent . The three services are to award the contracts to the lowest bidder , just exactly as they award contracts for glasses , or tanks , or airplanes , or anything else . They prepare the specifications and award the contracts to ...
... percent . The three services are to award the contracts to the lowest bidder , just exactly as they award contracts for glasses , or tanks , or airplanes , or anything else . They prepare the specifications and award the contracts to ...
Page 41
... percent of FHA estimated replacement cost . ( c ) Not to exceed an average of $ 8,100 per family unit attributable ... percent per annum ( sec . 803 ( b ) ( 3 ) ) . 11⁄2 of 1 percent to 112 percent per annum of the principal of the ...
... percent of FHA estimated replacement cost . ( c ) Not to exceed an average of $ 8,100 per family unit attributable ... percent per annum ( sec . 803 ( b ) ( 3 ) ) . 11⁄2 of 1 percent to 112 percent per annum of the principal of the ...
Common terms and phrases
Administrator Air Force amended amortization amount applications approved assistance Association authority bill bonds borrowing buildings Carson Park Mutual Chairman Clearview Gardens COLE college housing program colleges and universities Commissioner committee Congress construction contract Cooperative Corporation cost dormitory facilities farm Federal Government Federal home loan Federal Housing Administration funds going HHFA Home Finance Agency Home Loan Bank Hoover Commission Housing and Home Housing Cooperative housing loan increase institutions interest rate KANE legislation limitation MAGRATH ment military housing million mortgage insurance mortgagor municipalities operation Park Mutual Homes percent present President proposed public housing question recommendation Savings and Loan Secretary Senator CAPEHART Senator DOUGLAS Senator FULBRIGHT Senator LEHMAN Senator LONG Senator MONRONEY Senator PAYNE Senator SPARKMAN sewer slum SOLTERER statement tion title IX Treasury United States Senate units urban renewal Wherry Act
Popular passages
Page 9 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations to be issued hereunder and for such purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act...
Page 10 - If any provision of this Act or the application of such provision to any person or circumstances shall be held invalid, the remainder of the Act, and the application of such provision to persons or circumstances other than those as to which it is held invalid, shall not be affected thereby.
Page 12 - In the performance of, and with respect to, the functions, powers, and duties...
Page 347 - Treasury, taking into consideration the current average rate on outstanding marketable obligations of the United States as of the last day of the month preceding the issuance of such notes or other obligations.
Page 4 - Insurance Fund. The principal of, and interest paid and to be paid on, debentures...
Page 503 - first mortgage" means such classes of first liens as are commonly given to secure advances (including but not limited to advances during construction) on, or the unpaid purchase price of, real estate under the laws of the State in which the real estate is located, together with the credit...
Page 15 - 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 9 - Each such obligation shall bear interest at a rate determined by the Secretary of the Treasury, taking into consideration the current average rate on outstanding marketable obligations of the United States of comparable maturities as of the last day of the month preceding the issuance of the obligation of the Corporation.
Page 15 - ... to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act. as amended, and the purposes for which securities may be issued under that Act.
Page 95 - No institution shall be eligible to become a member of, or a nonmember borrower of, a Federal Home Loan Bank if, in the judgment of the board, its financial condition is such that advances may not safely be made to such institution or the character of its management or its homefinancing policy is inconsistent with sound and economical home financing, or with the purposes of this Act.