Housing Amendments of 1955: Hearings Before ... , 84-1 on H.R. 5827, (superseded by S. 2126), May 23 ... June 10, 19551955 - 627 pages |
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Page 28
... continuing undoubling of families in the country , together with the continued high level economy , high level employment , and our opinion is that we can for some considerable period of time sustain the 1,300,000 units annually . We ...
... continuing undoubling of families in the country , together with the continued high level economy , high level employment , and our opinion is that we can for some considerable period of time sustain the 1,300,000 units annually . We ...
Page 38
... continue the same limitations , that hotels or motels not qualify under the FHA pro- gram ? Mr. COLE . That is correct . Mr. MULTER . Thank you . Mr. BROWN . Mr. Cole , you might continue your statement . Mr. COLE . I am beginning on ...
... continue the same limitations , that hotels or motels not qualify under the FHA pro- gram ? Mr. COLE . That is correct . Mr. MULTER . Thank you . Mr. BROWN . Mr. Cole , you might continue your statement . Mr. COLE . I am beginning on ...
Page 51
... continue to serve other eligible low income families . Such families include those : ( 1 ) Who leave the slums on their initiative without being forced out as a result of governmental action ; ( 2 ) who are displaced by private ...
... continue to serve other eligible low income families . Such families include those : ( 1 ) Who leave the slums on their initiative without being forced out as a result of governmental action ; ( 2 ) who are displaced by private ...
Page 65
... continues you have a real criticism . Mr. VANIK . There is a widening gap . The slum conditions seem to be getting worse more rapidly than our clearance efforts . Mr. COLE . If this can be said 5 years from now , certainly the pro- gram ...
... continues you have a real criticism . Mr. VANIK . There is a widening gap . The slum conditions seem to be getting worse more rapidly than our clearance efforts . Mr. COLE . If this can be said 5 years from now , certainly the pro- gram ...
Page 68
... continue to hold at least the amount of stock now required to be held . The amendment would thus have an effect only as the institution increases its home - mortgage loans . If agreeable to your committee , Mr. McAllister will now ...
... continue to hold at least the amount of stock now required to be held . The amendment would thus have an effect only as the institution increases its home - mortgage loans . If agreeable to your committee , Mr. McAllister will now ...
Common terms and phrases
Administration agency amendment amortization amount applications appropriation areas believe bill BROWN builders building capital Chairman CLARK COLE committee Congress construction cooperative Corporation cost DAVIDSON dwellings eligible families Federal Government Federal Housing Administration Federal Savings FHA title FLOETE FNMA funds going GRIFFITHS HIESTAND Home Finance Home Loan Bank hous housing authorities housing program housing units improvement income increase interest rate investment June 30 legislation lenders lienholders limitation loan associations Loan Bank Board low-rent MASON MCALLISTER MCDONOUGH McLEAISH ment middle-income military million mobile home mortgage insurance MULTER National Housing Act O'HARA operation park PATMAN percent Philadelphia present problem proposed public housing public housing projects question RAINS rehabilitation rent rental savings and loan SCOTT section 220 slum clearance SLUSSER statement tion trailer urban renewal VANIK VINER Wherry Act WIDNALL WILLIAMSON WOLCOTT
Popular passages
Page 321 - 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 445 - Banks and other savings facilities having their deposits insured by the Federal Deposit Insurance Corporation and the Federal Savings and Loan Insurance Corporation are conveniently situated in practically all localities of the United States.
Page 199 - 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 233 - 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 234 - housing" means structures suitable for dwelling use by elderly or handicapped families which are (A) new structures, or (B) provided by rehabilitation, alteration, conversion, or improvement of existing structures which are otherwise inadequate for proposed dwelling use by such families. (2) The term "corporation...
Page 233 - ... 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 53 - 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.
Page 194 - ... under a lease having a period of not less than fifty years to run from the date the mortgage was executed, upon which there is located or upon which there is to be constructed a building or buildings designed principally for residential use or upon which there is located or to be constructed facilities for mobile homes; ' and the term "first mortgage...
Page 233 - Commissioner with the approval of the Secretary of the Treasury. Such notes or other obligations shall bear interest at a rate determined by the Secretary of the Treasury...
Page 5 - States in actions instituted under section 1346 of this title, interest shall be computed at the rate of 4 per centum per annum from the date of the judgment up to, but not exceeding, thirty days after the date of approval of any appropriation Act providing for payment of the judgment.