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 61
... percent at the end of 18 months unless the property had previously been sold to an owner - occupant . While the agency explanation states that the 15 percent would be held in escrow , the section as written provides only for the ...
... percent at the end of 18 months unless the property had previously been sold to an owner - occupant . While the agency explanation states that the 15 percent would be held in escrow , the section as written provides only for the ...
Page 63
... percent and the maximum maturity of such mortgages from 25 to 30 years . It is noted that the maximum interest rate was increased from 4 to 4 % percent effective April 1 , 1958 , by Public Law 85-364 . Since the military department ...
... percent and the maximum maturity of such mortgages from 25 to 30 years . It is noted that the maximum interest rate was increased from 4 to 4 % percent effective April 1 , 1958 , by Public Law 85-364 . Since the military department ...
Page 71
... percent of new one - family homes assisted by the FHA in 1957 under its regular sales - housing program involved mortgage amounts of $ 15,000 or more . Under the proposed amendment , the bulk of FHA assistance will continue to be in the ...
... percent of new one - family homes assisted by the FHA in 1957 under its regular sales - housing program involved mortgage amounts of $ 15,000 or more . Under the proposed amendment , the bulk of FHA assistance will continue to be in the ...
Page 77
... percent of the value of the prop- erty instead of the 100 percent permitted nonprofit organizations . PROPOSED TECHNICAL CHANGES Section 110 adds the elderly housing program of section 229 and the section 221 rental housing built for ...
... percent of the value of the prop- erty instead of the 100 percent permitted nonprofit organizations . PROPOSED TECHNICAL CHANGES Section 110 adds the elderly housing program of section 229 and the section 221 rental housing built for ...
Page 82
... percent , and we have a permissible rate of 6 percent . Senator DOUGLAS . Is that not what you want to do ? Mr. COLE . I am talking about section 203. My point is- Senator DOUGLAS . You want to raise that from 514 to 512 percent . Mr ...
... percent , and we have a permissible rate of 6 percent . Senator DOUGLAS . Is that not what you want to do ? Mr. COLE . I am talking about section 203. My point is- Senator DOUGLAS . You want to raise that from 514 to 512 percent . Mr ...
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.