Mr. BUCHANAN. How much for the land? About $100 an acre? Senator SPARKMAN. This is in Alabama. It is about $100 an acre. Mr. HUBER. What effect would the enactment of the Sparkman housing bill have on the housing situation? Senator SPARKMAN. I think it would step it up considerably, and would reach this gap that Mr. Egan so well described, these marginal cases that cannot quite get in. This loan was made at Scottsboro, Ala., and it was a Scottsboro contractor that has promised to deliver the house at $3,300. That was the first loan made in the whole United States. I understand they are being swamped with applications from all over the rural counties. Are there any further questions? (No response.) Senator SPARKMAN. Thank you very much, Mr. Foley and Mr. Egan. This afternoon at 2 o'clock we will resume. (Whereupon, at 11:55 a. m., the hearing was adjourned, to reconvene at 2 p. m.) TABLE 1.-Trends in income, number of minors, and rent-income ratio of families in urban continental Public Law 412 and PWA developments 178 $500-$999 $1,000-$1,499. $1,500-$1,999 $2,000-$2,499 $2,500-$2,399. $3,000-$3,499 $3,500-$3,999. $4,000-$4,499 $4,500-$4,999. $5,000 and over. Median income. TABLE 1.-Trends in income, number of minors, and rent-income ratio of families in urban continental Public Law 412 and PWA developments-Continued B. FAMILIES ADMITTED IN 1944 1 Estimated total number; distribution based on information concerning income at admission reported at time of 1944 reexamination. ? Eligibility for this accepted as reported without checking and some families reported as eligible should undoubtedly be ineligible. Also some projects in war use did not have maximum income limits set for eligible continued occupancy. |