Hearings, Reports and Prints of the Senate Committee on Banking and CurrencyU.S. Government Printing Office, 1968 - Banking law |
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Page 2
... important of these is a new homeownership interest subsidy program . This latter proposal is almost identical with that which our committee developed last year and reported to the Sen- ate in S. 2700 . I would like to say that our ...
... important of these is a new homeownership interest subsidy program . This latter proposal is almost identical with that which our committee developed last year and reported to the Sen- ate in S. 2700 . I would like to say that our ...
Page 8
... important one if we are to attain signifi- cant results . However , the remaining elements of our proposal , which I will now discuss , are no less important . Rental and cooperative housing One other new element of the 5 - year program ...
... important one if we are to attain signifi- cant results . However , the remaining elements of our proposal , which I will now discuss , are no less important . Rental and cooperative housing One other new element of the 5 - year program ...
Page 24
... important a part ? Mr.WEAVER . And it is not a large volume program . The CHAIRMAN . Yes . Mr. WEAVER . It could have been done , but it would have necessi- tated reshaping the program , from one which provides loans at a set interest ...
... important a part ? Mr.WEAVER . And it is not a large volume program . The CHAIRMAN . Yes . Mr. WEAVER . It could have been done , but it would have necessi- tated reshaping the program , from one which provides loans at a set interest ...
Page 32
... important , it is the people that count , and the people are the ones who have been disregarded in the impact of urban renewal which has been so adverse in many cases . And I would like to ask : Why should not the income ceiling pro ...
... important , it is the people that count , and the people are the ones who have been disregarded in the impact of urban renewal which has been so adverse in many cases . And I would like to ask : Why should not the income ceiling pro ...
Page 35
... important programs we have to consider today is the open occupancy bill . He has provided distinguished leadership to this which all of us who believe in this principle are very much indebted , and he is understandably tied up with that ...
... important programs we have to consider today is the open occupancy bill . He has provided distinguished leadership to this which all of us who believe in this principle are very much indebted , and he is understandably tied up with that ...
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Common terms and phrases
adequate Administration AFL-CIO agency amendment American American Insurance Association assistance bill bldgs building CHAIRMAN Cleveland committee Congress construction cooperative corporation cost Department of Housing director economic eligible facilities Federal Government Federal Housing Administration financing fiscal FNMA funds ghetto goals going GOLDFINGER grants homeownership Housing and Urban housing program housing projects housing units income families increase interest rate investment land legislation limited loans low and moderate low-income families Mayors ment million model cities model cities program mortgage insurance mortgagor NAHRO National Association National Housing Act neighborhood nonprofit ownership payments percent planning present president problems property insurance proposed public housing purchase recommendations rehabilitation reinsurance rental riot rural Secretary Senator PERCY Senator PROXMIRE Senator TOWER slum sponsors statement subcommittee subsidy SURSUM CORDA tenants tion U.S. Senator urban areas Urban Development urban renewal WEAVER
Popular passages
Page 48 - 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...
Page 596 - WHEREAS, single non-elderly persons are currently ineligible for most federal housing assistance programs, NOW, THEREFORE, BE IT RESOLVED that the US Conference of Mayors urges that...
Page 463 - Act, as amended, is amended by striking out the period at the end thereof and inserting in lieu thereof a colon and the following: “Provided further, That...
Page 235 - Every contract for annual contributions shall provide that whenever in any year the receipts of a public housing agency in connection with a low-rent housing project exceed its expenditures (including debt service, administration, maintenance, establishment of reserves, and other costs and charges), an amount equal to such excess shall be applied, or set aside for application, to purposes which, in the determination of the Authority, will effect a reduction in the amount of subsequent annual contributions...
Page 98 - Designed so that an adequate capacity will be available to serve the reasonably foreseeable growth needs of the area; (2) Consistent with a program for a unified or officially coordinated areawide water or sewer facilities system as part of the comprehensively planned development of the area; and (3) Necessary to orderly community development.
Page 585 - NOW THEREFORE BE IT RESOLVED that the US Conference of Mayors urges enactment of federal legislation to: (1) Establish criteria for levels of aircraft noise acceptable to persons on the ground.
Page 100 - Administrator is authorized to undertake research, development, and demonstration projects in all phases of urban mass transportation (including the development, testing, and demonstration of new facilities, equipment, techniques, and methods) which he determines will assist in the reduction of urban transportation needs, the improvement of mass transportation service, or the contribution of such service toward meeting total urban transportation needs at minimum cost.
Page 482 - Commissioner finds that the property with respect to which the mortgage is executed is an acceptable risk, giving consideration to the need for providing adequate housing for families of low and moderate income particularly in suburban and outlying areas...
Page 674 - As they develop their own plans, the Secretary of Health, Education, and Welfare and the Director of the Office of Economic Opportunity should also determine the most effective means of coordinating all our domestic family planning programs and should include in their deliberations representatives of the other agencies that share in this important work.
Page 444 - Recently, other powerful ingredients have begun to catalyze the mixture: Frustrated hopes are the residue of the unfulfilled expectations aroused by the great judicial and legislative victories of the civil rights movement and the dramatic struggle for equal rights in the South.