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Miscellaneous information submitted to the committee by-Continued
Boggs, Hon. Hale etc-Continued

Hedrick, Hon. James A., mayor, Decatur, Ill.
Howell, Leonard C., city manager, Madison, Wis.

Howland, Frank B., secretary, office of the mayor, Boston,
Mass__.

Page

75

101

81

60

Youngdahl, Hon. Luther W., Goveror, State of Minnesota.
Blyth & Co., Inc.; Goldman, Sachs & Co.; Lehman Bros.; Phelps,
Fenn & Co.; R. W. Pressprich & Co.; and Shields & Co., statement
from____

1075

Statement of National Commander O'Neil, American Legion_____

838

Christman, Elisabeth, secretary-treasurer, National Woman's Trade
Union League, letter from__

1102

Tishman Realty & Construction Co., New York., N. Y., letter from_
Title Guarantee Co., Denver, Colo., letter from__
Welch Construction Co., Baltimore, Md___

734

733

733

Miscellaneous information submitted to the committee by-Continued
Detroit Housing Commission-Continued

Net annual income of eligible tenants_.

Net annual income of ineligible tenants in process of eviction__--
Edwards, Ray O., president, National Association of Housing Officials,
letter from....

Page

570

570

1087

New nonfarm dwelling units started, by source of funds, 1900–47__
New privately financed nonfarm dwelling units started, by type of
structure, 1920-47----.

53

55

Javits, Hon. Jacob K.:

Jones, Harry Willmer, professor of law, Columbia University, New
York, N. Y., memorandum----

682

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with bad living conditions, Cincinnati, 1939-41---

Death rates from disease not associated with bad living condi-

tions

National Council of Jewish Women, New York, N. Y.

National Council of Negro Women, statement.

National Federation of Settlements, Inc., New York, N. Y., statement_

Neff, Eleanor, associate secretary, department of Christian social rela-
tions and local church activities Woman's Division of the Methodist
Church, letter from__‒‒

Norfolk Redevelopment and Housing Authority:

Payments made by, to city of Norfolk in connection with Merri-
mack Park and Roberts Park housing projects‒‒‒‒‒
Public Housing Administration:

Bond prospectus for sale of series A bonds by Housing Authority--
$449,000 series A bonds, Housing Authority of the City of
Omaha, Nebr., issuer.

Additional data with respect to the project, the annual contri-
butions, and the bonds.

Typical cooperation agreement---

Payments in lieu of taxes, 1945-47.

Summary of payments in lieu of taxes, local contributions and

Federal contributions-projects under United States Hous-

ing Act in management stage__

Table 1-Public Law 412, locally owned projects..
Table 2-Public Law 671, locally owned projects_-_
Table 3-Public Law 671, federally owned projects..
Table 4-PWA federally owned projects___

596

1085

423

354

355

361

369

288

193

199

250

251

257

262

262

Miscellaneous information submitted to the committee by-Continued
Public Housing Administration-Continued

Rents achievable for typical private rental housing in compari-
son with rents for a similar public housing project__.
Rents charged tenants in low-rent housing projects each year,
1941-47-----

Tax exemption of low-rent housing projects in Massachusetts---

Talle, Hon. Henry O.:

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268

282

267

837

854

868

GENERAL HOUSING

MONDAY, MAY 3, 1948

HOUSE OF REPRESENTATIVES,

COMMITTEE ON BANKING AND CURRENCY,
Washington, D. C.

The committee convened at 10 a. m., Hon. Jesse P. Wolcott, chairman, presiding.

Present: Messrs. Wolcott, Gamble, Smith, Talle, McMillen, Cole, Hull, Stratton, Fletcher, Nicholson, Spence, Brown, Monroney, Folger, Riley, Buchanan, and Boggs.

The CHAIRMAN. The committee will come to order.

We will open hearings this morning on most of the housing bills which have been introduced and referred to this committee, the principal one of which is S. 866.

(S. 866 referred to is as follows:)

[S. 866, 80th Cong., 2d sess.]

AN ACT To establish a national housing objective and the policy to be followed in the attainment thereof, to facilitate sustained progress in the attainment of such objective, and for other purposes

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That this Act may be cited as the "Housing Act of 1948."

DECLARATION OF NATIONAL HOUSING POLICY

SEC. 2. The Congress hereby declares that the general welfare and security of the Nation and the health and living standards of its people require a production of residential construction and related community development sufficient to remedy the serious cumulative housing shortage, to eliminate slums and blighted areas, to realize as soon as feasible the goal of a decent home and a suitable living environment for every American family, and to develop and redevelop communities so as to advance the growth and wealth of the Nation. The Congress further declares that such production is necessary to enable the housing industry to make its full contribution toward an economy of maximum employment, production, and purchasing power. 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; and (3) governmental aid to clear slums and provide adequate housing for groups with incomes so low that they cannot otherwise be decently housed in new or existing housing shall be extended only to those localities which estimate their own needs and demonstrate that these needs cannot fully be met through reliance solely upon private enterprise and upon local and State revenues, and without such aid.

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