Housing, Hearings Before ..., 80-1 on S. 287, S.866, S.710, S.801, S. 802, S.803. and S.804 ..., March 18- April 9, 19471947 - 647 pages |
From inside the book
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Page 7
... percent , where ordinarily the builder can only get 80 percent mortgage . We give him , on this particular low type of house , an 85 percent mortgage in order that he may put less capital into cheaper houses ; in order that he may have ...
... percent , where ordinarily the builder can only get 80 percent mortgage . We give him , on this particular low type of house , an 85 percent mortgage in order that he may put less capital into cheaper houses ; in order that he may have ...
Page 11
... percent , and as a rule it really comes pretty close to 10 percent . A man cannot pay $ 30 a month rent very well unless he is making about $ 1,500 . That makes him pay about 25 percent of his income in rent rather than 20 , which is ...
... percent , and as a rule it really comes pretty close to 10 percent . A man cannot pay $ 30 a month rent very well unless he is making about $ 1,500 . That makes him pay about 25 percent of his income in rent rather than 20 , which is ...
Page 33
... percent . This would enable the FHA to recover its actual cost of processing in certain cases where the application ... percent loan , 30 - year maturity , and a maxi- mum 4 percent interest rate . ( Present maxima are a 90 - percent ...
... percent . This would enable the FHA to recover its actual cost of processing in certain cases where the application ... percent loan , 30 - year maturity , and a maxi- mum 4 percent interest rate . ( Present maxima are a 90 - percent ...
Page 34
... percent of unpaid principal as compared with the 2 percent required under existing statutory provisions . Section 606 This is simply a technical amendment necessary to accomplish the purposes of section 515 . TITLE VII . YIELD INSURANCE ...
... percent of unpaid principal as compared with the 2 percent required under existing statutory provisions . Section 606 This is simply a technical amendment necessary to accomplish the purposes of section 515 . TITLE VII . YIELD INSURANCE ...
Page 35
... percent of the investment outstanding for the particular year for which the premium charge is payable . It authorizes also reasonable fees ( but not in excess of one - half of 1 percent of the estimated capital investment ) for FHA ...
... percent of the investment outstanding for the particular year for which the premium charge is payable . It authorizes also reasonable fees ( but not in excess of one - half of 1 percent of the estimated capital investment ) for FHA ...
Common terms and phrases
amended amount annual contributions areas Banking and Currency builders building Census CHAIRMAN CHARLES W cities Congress construction cost Currency Committee DECKMAN economic rent families farm Federal Government Federal Home Loan Federal Housing Administration Federal Savings financing FPHA going Home Loan Bank Home Owners Housing Act Housing Administration Housing Authority housing problem housing program housing projects income increase industry interest rate labor land legislation living Loan Insurance Corporation low-rent housing March 28 ment million mortgage NELSON nonfarm occupied dwelling units operation Parkchester percent present private enterprise private flush toilet proposed public housing rent rent ceiling rent control rental housing ROBERTSON of Virginia rural Savings and Loan Senator BUCK Senator CAPEHART Senator MCCARTHY Senator ROBERTSON Senator TAFT shortage slum clearance statement subsidy TECKEMEYER tenants tion title IX TOBEY Total occupied dwelling United States Housing United States Senate veterans Washington
Popular passages
Page 564 - The Congress hereby declares that the general welfare and security of the Nation and the health and living standards of its people require housing production and related community development sufficient to remedy the serious housing shortage, the elimination of substandard and other inadequate housing...
Page 443 - 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 88 - 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 515 - Chairman, Senate Committee on Banking and Currency, Senate Office Building, Washington, DC DEAR SENATOR...
Page 305 - 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 37 - 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 522 - Affairs under the provisions of Title III of the Servicemen's Readjustment Act of 1944, as amended...
Page 88 - 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.