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actual additional Administration advances agency amended amount application areas assistance Association authority average banks basis believe bill Board BOLLING builders building capital CHAIRMAN charges COLE committee Congress construction cooperative corporation cost course DEANE dwelling economic effect estimated existing facility fact families Federal financing FNMA funds further future give going Government Housing Act income increase industry institutions interest investment legislation lending less limit loans maximum McDonough mean million month mortgage MULTER notice O'HARA objective operation PATMAN percent period possible present President problem projects proposed public housing purchase question reason recommendation record referred rehabilitation Reserve respect savings secure slum statement suggest thing tion units urban renewal veterans
Page 18 - ... is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act...
Page 559 - ... a decent home in a suitable living environment for every American family.
Page 19 - ... 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 15 - Each such obligation shall bear interest at a rate determined by the Secretary of the Treasury, taking into consideration the current average rate on outstanding...
Page 16 - 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 30 - An act to expedite the provision of housing in connection with national defense, and for other purposes," approved October 14, 1940, as amended, is amended by striking out "$1,200,000,000" and inserting in lieu thereof "$1,600,000,000.
Page 7 - Such purchases shall be made at a price which will provide an investment yield of not less than the yield obtainable from other investments authorized by this section. Debentures so purchased shall be canceled and not reissued.
Page 16 - ... are not guaranteed by the United States and do not constitute a debt or obligation of the United States or of any agency or instrumentality thereof other than the corporation.