Housing Act of 1958, Hearings Befre a Subcoomittee of ..., 85-2 ..., May 12 .. 22, 1958 |
From inside the book
Results 1-5 of 100
Page 24
... going Federal rate applicable to such project ; " C ) the principal payments shall be not less than one - half per centum per annum of the sales price during the first five years after purchase , 1 per centum per annum during the next ...
... going Federal rate applicable to such project ; " C ) the principal payments shall be not less than one - half per centum per annum of the sales price during the first five years after purchase , 1 per centum per annum during the next ...
Page 89
... going to break this strike and overcome the lack . We are going to get lower mortgage interest rates , which in my judgment are sound because they will help us to meet this need in the lower and middle - income family groups . Mr. MASON ...
... going to break this strike and overcome the lack . We are going to get lower mortgage interest rates , which in my judgment are sound because they will help us to meet this need in the lower and middle - income family groups . Mr. MASON ...
Page 96
... going to have to leave and I am asking Senator Douglas to take over . Before I leave , I would like to suggest that without objection there be placed in the record at the conclusion of Mr. Baughman's statement a copy of a letter written ...
... going to have to leave and I am asking Senator Douglas to take over . Before I leave , I would like to suggest that without objection there be placed in the record at the conclusion of Mr. Baughman's statement a copy of a letter written ...
Page 106
... going to determine the rate and the market determined the 6 - percent rate during the thirties , then why are we spending all of this money and borrowing it from the Treasury to help maintain the 6 percent rate ? Mr. COLE . We are not ...
... going to determine the rate and the market determined the 6 - percent rate during the thirties , then why are we spending all of this money and borrowing it from the Treasury to help maintain the 6 percent rate ? Mr. COLE . We are not ...
Page 129
... going to be able to use that much this year , or was it just more or less purposely set aside ? Mr. STEINER . Yes , I think it has been set as a part of the financing and authorization program recommended by the Administration in this ...
... going to be able to use that much this year , or was it just more or less purposely set aside ? Mr. STEINER . Yes , I think it has been set as a part of the financing and authorization program recommended by the Administration in this ...
Common terms and phrases
85th Congress additional Administrator agency amended amount applications approved assistance authority Banking and Currency believe bill blight Board builders building capital grant Chairman COLE Commissioner committee print Congress construction contract Corporation cost D. C. DEAR economic eligible enactment facilities families Federal Government Federal Home Loan Federal Housing Administration FNMA funds guaranteed Home Finance Home Loan Bank housing program income increase industry institutions interest rate investment John Sparkman legislation limit loan associations low-rent housing maximum Mayor ment million mortgage insurance mortgage loan National Housing Act operations payments percent present problem proposed public housing purchase recommend redevelopment relocation rental housing savings and loan section 221 Senator BUSH Senator CAPEHART Senator CLARK Senator DOUGLAS Senator SPARKMAN slum SLUSSER statement subcommittee subsection tion United States Senate units urban renewal program urban renewal projects Washington
Popular passages
Page 747 - Treasury, taking into consideration the current average rate on outstanding marketable obligations of the United States as of the last day of the month preceding the issuance of the obligation of the bank.
Page 746 - 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 746 - ... the Secretary of the Treasury is authorized to use as a public debt transaction the proceeds from the sale of any securities...
Page 358 - ... of a property, urban, suburban, or rural upon which there is located a dwelling designed principally for a single-family residence, the construction of which is begun after July 1, 1949, and which is approved for mortgage insurance prior to the beginning of construction...
Page 36 - When it appears in the public interest that land to be acquired as part of an urban renewal project should be used in whole or in part as a site for a low-rent housing project assisted under the United States Housing Act of 1937...
Page 8 - Secretary may prescribe, to make commitments for the insuring of such mortgages prior to the date of their execution or disbursement thereon...
Page 747 - ... under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under such Act, as amended, are extended to include any purchases of such notes and obligations.
Page 2 - Government, and shall determine its necessary expenditures under this act and the manner in which they shall be incurred, allowed, and paid, without regard to the provisions of any other law governing the expenditure of public funds.
Page 29 - ... 90 per centum of the amount which the Commissioner estimates will be the replacement cost of the property or project...
Page 15 - Such notes shall bear interest at a rate fixed by the Secretary of the Treasury, taking into consideration the current average market yields of outstanding marketable obligations of the United States having maturities comparable to the notes issued by the Secretary under this subtitle.