Housing Amendments of 1955: Hearings Before ... , 84-1 on H.R. 5827, (superseded by S. 2126), May 23 ... June 10, 19551955 - 627 pages |
From inside the book
Results 1-5 of 100
Page 12
... reason do you wish that amendment ? Mr. COLE . Mr. Brown , the Agency feels that the Wherry Act pro gram has served its purpose . We know of no reason , from our point of view , why it should be continued . We realize that housing for ...
... reason do you wish that amendment ? Mr. COLE . Mr. Brown , the Agency feels that the Wherry Act pro gram has served its purpose . We know of no reason , from our point of view , why it should be continued . We realize that housing for ...
Page 12
... reason do you wish that amendment ? Mr. COLE . Mr. Brown , the Agency feels that the Wherry Act pro- gram has served its purpose . We know of no reason , from our point of view , why it should be continued . We realize that housing for ...
... reason do you wish that amendment ? Mr. COLE . Mr. Brown , the Agency feels that the Wherry Act pro- gram has served its purpose . We know of no reason , from our point of view , why it should be continued . We realize that housing for ...
Page 14
... reason that lending institutions find that their charges for the use of the money are comparably higher than on a long - term large mortgage . Mr. PATMAN . I realize that . Have you seen my bill on cooperative housing ? Mr. COLE . Yes ...
... reason that lending institutions find that their charges for the use of the money are comparably higher than on a long - term large mortgage . Mr. PATMAN . I realize that . Have you seen my bill on cooperative housing ? Mr. COLE . Yes ...
Page 17
... reason back of it , but we do sit down on each one of these cases and discuss the size of the project , and in many cases we end up with a smaller project than the military originally asked for . This has happened at least during the ...
... reason back of it , but we do sit down on each one of these cases and discuss the size of the project , and in many cases we end up with a smaller project than the military originally asked for . This has happened at least during the ...
Page 22
... reason for this . The reason for this coinsurance was not so much the money the bank was going to lose , as the fact that the officer of the bank now has to account to his directors when there is a loss , and this puts him on notice ...
... reason for this . The reason for this coinsurance was not so much the money the bank was going to lose , as the fact that the officer of the bank now has to account to his directors when there is a loss , and this puts him on notice ...
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.