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 12
... lower rent and sales brackets . However , as I am confident your subcommittee realizes , not with- standing our present and other proposed additional measures designed to expand the effective area of operations for private housing , it ...
... lower rent and sales brackets . However , as I am confident your subcommittee realizes , not with- standing our present and other proposed additional measures designed to expand the effective area of operations for private housing , it ...
Page 20
... lower rate of interest , whereas FHA and VA get their money at 41⁄2 percent and 4 percent , respectively , and we know that the banks are interested in them and that that is because of the service charges . Now , how are you going to ...
... lower rate of interest , whereas FHA and VA get their money at 41⁄2 percent and 4 percent , respectively , and we know that the banks are interested in them and that that is because of the service charges . Now , how are you going to ...
Page 21
... lower range , do they not ? Mr. FOLEY . Yes , Senator , they do . Of course , also , they ordinarily have another advantage , in a tax way , because they are issued by local public agencies , which , like obligations of States and ...
... lower range , do they not ? Mr. FOLEY . Yes , Senator , they do . Of course , also , they ordinarily have another advantage , in a tax way , because they are issued by local public agencies , which , like obligations of States and ...
Page 22
... lower than you gen- erally set up for such operations is justified ? Mr. FOLEY . In view of the nature of the projects themselves , there is a somewhat different and probably stronger incentive that will exist on the part of the owners ...
... lower than you gen- erally set up for such operations is justified ? Mr. FOLEY . In view of the nature of the projects themselves , there is a somewhat different and probably stronger incentive that will exist on the part of the owners ...
Page 23
... lower charges . In other words , in an operation of this type , there can be no diversion of the financing economies into speculative profits . The second justification for the application of a guaranty to the securities of the ...
... lower charges . In other words , in an operation of this type , there can be no diversion of the financing economies into speculative profits . The second justification for the application of a guaranty to the securities of the ...
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...