Cooperative Housing: Hearings, Eighty-first Congress, Second Session, on H.R. 6618 and H.R. 6742 (superseded by H.R. 7402).U.S. Government Printing Office, 1950 - 472 pages |
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Page 7
... reserve account for losses , the Adminis . trator shall require the establishment and maintenance of , and the Corporation shall establish and maintain , such reserve or reserves as he deems necessary . No dividends shall be paid except ...
... reserve account for losses , the Adminis . trator shall require the establishment and maintenance of , and the Corporation shall establish and maintain , such reserve or reserves as he deems necessary . No dividends shall be paid except ...
Page 10
... reserve of such financial institution . Such insurance reserve shall be an amount equivalent to 10 per centum of the amount of all such loans , advances of credit , and pur- chases made by such financial institution on or after March 1 ...
... reserve of such financial institution . Such insurance reserve shall be an amount equivalent to 10 per centum of the amount of all such loans , advances of credit , and pur- chases made by such financial institution on or after March 1 ...
Page 11
... reserve on the records of the Commissioner as of the date of such ad- justment : And provided further , That no such adjustment shall be made in the insurance reserve of any financial institution until the 1st day of January or the 1st ...
... reserve on the records of the Commissioner as of the date of such ad- justment : And provided further , That no such adjustment shall be made in the insurance reserve of any financial institution until the 1st day of January or the 1st ...
Page 21
... reserves . The bill does not require a specific minimum reserve accumulation by eligible cooperatives . It does , however , give adequate authority to the Housing and Home Finance Administrator to require the borrower to establish such ...
... reserves . The bill does not require a specific minimum reserve accumulation by eligible cooperatives . It does , however , give adequate authority to the Housing and Home Finance Administrator to require the borrower to establish such ...
Page 22
... reserve for losses . No fixed interest rate is prescribed in the bill . However , we estimate that , at least so far as initial loans are concerned , this provision probably means a rate of about 3 percent on the mortgage loans made by ...
... reserve for losses . No fixed interest rate is prescribed in the bill . However , we estimate that , at least so far as initial loans are concerned , this provision probably means a rate of about 3 percent on the mortgage loans made by ...
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Expressions et termes fréquents
agency amended American Legion amortization amount areas banks basis Baton Rouge bill borrower BRYANT BUCHANAN builder building capital CHAIRMAN charges COLE committee Congress Congressman construction cooperative housing cost DEANE debentures DINGER dwellings families of moderate Federal Government Federal Housing Federal Housing Administration figures FOLEY funds going guaranteed Home Finance home owner Housing Administration Housing and Home Housing Association housing cooperatives Housing Corp housing program housing project individual industry interest rate investment KILBURN KROOTH legislation lending institutions LOCKWOOD MCKINNON ment middle-income families middle-income group moderate income monthly mortgage insurance mortgage loans MULTER Mutual Housing National Housing Act National Mortgage Corporation NICHOLSON O'HARA operation organization ownership PATMAN payments profit proposed public housing purchase question rent reserve savings section 207 statement TALLE thing tion units veterans VOORHIS WOODHOUSE York
Fréquemment cités
Page 178 - 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 1 - Act, as amended ; and (2) maintain an integral set of accounts which shall be audited annually by the General Accounting Office in accordance with the principles and procedures applicable to commercial transactions as provided by the Government Corporation Control Act...
Page 8 - Except as may be otherwise expressly provided in this Act, all powers and authorities conferred by this Act shall be cumulative and additional to and not in derogation of any powers and authorities otherwise existing. All rules, regulations, orders authorizations, delegations, or other actions duly issued, made, or taken by or pursuant to applicable law, prior to the effective date of this Act, by any agency, officer, or office pertaining to any functions, powers, and duties...
Page 3 - ... the production of housing of sound standards of design, construction, livability, and size for adequate family life...
Page 8 - Congress that if any provisions of this Act, or the application thereof to any persons or circumstances, shall be adjudged by any court of competent jurisdiction to be invalid, such judgment shall not affect, impair, or invalidate the remainder of this Act or its applications to other persons and circumstances...
Page 5 - ... income, shall be exempt from all taxation now or hereafter imposed by the United States, by any Territory, dependency, or possession thereof, or by any State, county, municipality, or local taxing authority, except that any real property of the Corporation shall be subject to State, Territorial, county, municipal or local taxation to the same extent according to its value as other real property is taxed.
Page 11 - 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...