Amendments to United States Housing Act of 1937: Hearings Before ... , 75-3 on H.R. 10663, (superseding H.R. 10417) ... , April 28 ... May 5, 19381938 - 150 pages |
Common terms and phrases
90 percent actual administration agreement amendment amount annual contributions contracts answer bill building capital grant Chairman Colbert County committee Congressman constitutional construction contribution or subsidy correct County CRAWFORD debt limits Delaware County dwelling units earmarkings economic rent exempt from taxation families Federal annual contribution Federal Government Federal loan figures financed FISH FORD funds gentlemen GIFFORD GOLDSBOROUGH Housing Act Housing Authority housing project Illinois income interest Johnson City Kentucky KEYSERLING KOPPLEMANN land legislation loan contracts local annual contribution local authority localities low rentals LUCE McKean County MCKEOUGH MEEKS ment Municipal Housing Commission NATHAN STRAUS obligations paid PATMAN payments Phenix City question Reconstruction Finance Corporation rehouse slum dwellers REILLY room per month school districts social rent specific SPENCE statement statute substantial breach tax exemption tax remissions thing tion TRANSUE understand United States Housing WILLIAMS Youngstown
Popular passages
Page 3 - ... the faith of the United States is solemnly pledged to the payment in coin, or its equivalent of all the obligations of the United States...
Page 59 - No member of or delegate to the Congress of the United States of America...
Page 57 - Will be safe and sanitary and will be provided solely for families of low income whose net income: (i) At the time of admission to the project does not exceed five times the rental (including the value or cost to them of heat, light, water and cooking fuel) of the dwellings to be furnished such families, except that in the case of families with three or more minor dependents such ratio shall not exceed six to one...
Page 52 - Completed Units" as hereinafter defined), which is more fully described in the application filed with the United States Housing Authority (created under the United States Housing Act of 1937, Public, No. 412, SeventyFifth Congress and hereinafter called the "USHA") as Project No. Ind.-2-l, with such changes in the Project as may be made from time to time with the approval of the USHA; and Whereas in order to assist the development of the Project, the Local Authority has determined to authorize the...
Page 3 - The faith of the United States is solemnly pledged to the payment of all annual contributions contracted for pursuant to this section, and there is hereby authorized to be appropriated in each fiscal year, out of any money in the Treasury not otherwise appropriated, the amounts necessary to provide for such payments.
Page 102 - ... Slum areas are the breeding places of disease which take toll not only from denizens, but, by spread, from the inhabitants of the entire city and state. Juvenile delinquency, crime, and immorality are there born, find protection, and flourish. Enormous economic loss results directly from the necessary expenditure of public funds to maintain health and hospital services for afflicted slum dwellers, and to war against crime and immorality. Indirectly there is an equally heavy capital loss and a...
Page 3 - Such obligations shall be fully and unconditionally guaranteed both as to interest and principal by the United States, and such guaranty shall be expressed on the face thereof...
Page 59 - Anything in the agreement to the contrary notwithstanding, nothing herein shall require the local authority to observe or enforce compliance with any provision hereof, perform any other act or do any other thing in contravention of any applicable State or Territorial law: Provided: That if any of the provisions of the...
Page 3 - Such bonds shall be in~ such forms and denominations, shall mature within such periods of not more than eighteen years from the date of their issue, shall bear such rates of interest not exceeding 4 per centum per annum, shall be subject to such terms and conditions, and shall be issued in such manner and sold at such prices, as may be prescribed by the Corporation, with the approval of the Secretary of the Treasury.
Page 2 - Such loans shall bear interest at such rate not less than the going Federal rate at the time the loan is made, plus one-half of 1 percent, * * * shall be repaid within such period not exceeding 60 years.