January 12, 13, 16-18, 1950. 354 pU.S. Government Printing Office, 1950 - 426 pages Considers legislation to establish the National Mortgage Corporation for Housing Cooperatives. Also considers legislation to convey a public housing project to the village of Deming, N.Mex. |
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Page 1
... invest- ment of private capital in the development of such housing . The provisions of this title relating to encouraging and assisting nonprofit cooperative ownership housing corporations shall be administered in a manner which will ...
... invest- ment of private capital in the development of such housing . The provisions of this title relating to encouraging and assisting nonprofit cooperative ownership housing corporations shall be administered in a manner which will ...
Page 4
... investment and the current average rate on outstanding marketable obliga- tions of the United States as of the last day of the sixth month of such fiscal year . The Corporation shall issue to the Secretary of the Treasury receipts for ...
... investment and the current average rate on outstanding marketable obliga- tions of the United States as of the last day of the sixth month of such fiscal year . The Corporation shall issue to the Secretary of the Treasury receipts for ...
Page 6
... investment and borrowings from the private market , plus a per- centage to compensate the Corporation for its estimated overhead and administra- tive expenses in connection with such loan and for proportionate payments to required ...
... investment and borrowings from the private market , plus a per- centage to compensate the Corporation for its estimated overhead and administra- tive expenses in connection with such loan and for proportionate payments to required ...
Page 7
... investments authorized herein . The notes and other obligations issued by the Corporation shall be fully and uncon ... INVESTMENT OF FUNDS " SEC . 311. The Corporation shall carry to a specific reserve account for losses semiannually ...
... investments authorized herein . The notes and other obligations issued by the Corporation shall be fully and uncon ... INVESTMENT OF FUNDS " SEC . 311. The Corporation shall carry to a specific reserve account for losses semiannually ...
Page 11
... investment of private capital , thus eliminating the necessity for direct Federal loans . Since then the Housing Agency and several of the members of your subcommittee have given a great deal of careful thought and study to this matter ...
... investment of private capital , thus eliminating the necessity for direct Federal loans . Since then the Housing Agency and several of the members of your subcommittee have given a great deal of careful thought and study to this matter ...
Expressions et termes fréquents
agency Amalgamated Dwellings amendment American amortization amount apartments areas average banks basis believe bill BRYANT builder building built committee CONGRESS THE LIBRARY construction cooperative housing Corporation cost debentures economic estimated Federal Government Federal Housing Administration FHA loans figures FNMA FOLEY funds going guaranteed Home Finance housing cooperatives housing program housing projects individual insurance companies interest rate investment JAVITS labor legislation lending LOCKWOOD ment middle-income families middle-income group MONSON month monthly Mortgage Association Mortgage Bankers Mortgage Bankers Association mortgage insurance mortgage loans National Mortgage nonprofit organization ownership payment percent proposed public housing purchase question RECKMAN rent reserve REUTHER RUSSELL savings and loan Schoolcraft Gardens section 608 Senator BRICKER Senator CAIN Senator DOUGLAS Senator FLANDERS Senator LONG Senator MAYBANK Senator SPARKMAN statement taxes tenants thing THOMPSON tion vacancy veterans
Fréquemment cités
Page 174 - 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 3 - 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 273 - This statement is submitted on behalf of the American Life Convention and the Life Insurance Association of America.
Page 3 - In the performance of, and with respect to, the functions, powers, and duties...
Page 2 - Treasury is authorized and directed to purchase any notes and other obligations issued hereunder and for such purpose he is authorized 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...
Page 2 - There are hereby authorized to be appropriated, out of any moneys in the Treasury not otherwise appropriated, such sums as may be necessary to carry out the provisions of this Act.
Page 7 - ... 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...
Page 3 - Administrator and the basic rate of compensation of such position shall be the same as the basic rate of compensation established for the heads of the constituent agencies of the Housing and Home Finance Agency...
Page 2 - 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...