Housing Act of 1958, Hearings Befre a Subcoomittee of ..., 85-2 ..., May 12 .. 22, 1958 |
From inside the book
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Page 43
... Treasury financing operations , as would be possible under the bill , would add to the problems of public debt management . ( 2 ) The issuance of obligations by a Government HOUSING ACT OF 1958 43 Treasury Department: Report S 2791.
... Treasury financing operations , as would be possible under the bill , would add to the problems of public debt management . ( 2 ) The issuance of obligations by a Government HOUSING ACT OF 1958 43 Treasury Department: Report S 2791.
Page 72
... possible for a cooperative organization to construct single - family homes for transfer to its members . As title to each completed home is transferred to individual ownership , the property is released from the lien of the project ...
... possible for a cooperative organization to construct single - family homes for transfer to its members . As title to each completed home is transferred to individual ownership , the property is released from the lien of the project ...
Page 76
... possible . Thus , for example , the $ 10,000 mortgage limit for high - cost areas in section 221 housing for displaced families could be increased by this proposal up to $ 15,000 in these Territories ( or $ 18,000 if sec . 109 of this ...
... possible . Thus , for example , the $ 10,000 mortgage limit for high - cost areas in section 221 housing for displaced families could be increased by this proposal up to $ 15,000 in these Territories ( or $ 18,000 if sec . 109 of this ...
Page 77
... possible unknown costs in rehabilitation work . The changes to section 220 contained in section 108 also permit an allowance of $ 8,100 per unit in mortgage amount in the case of section 220 dwellings designed for more than 4 families ...
... possible unknown costs in rehabilitation work . The changes to section 220 contained in section 108 also permit an allowance of $ 8,100 per unit in mortgage amount in the case of section 220 dwellings designed for more than 4 families ...
Page 78
... mortgage insur- ance programs or through conventional financing . Section 221 single- family sales - type housing , therefore , provides 40 - year maturities to keep monthly payments as low as possible and 100 percent 78 HOUSING ACT OF ...
... mortgage insur- ance programs or through conventional financing . Section 221 single- family sales - type housing , therefore , provides 40 - year maturities to keep monthly payments as low as possible and 100 percent 78 HOUSING ACT OF ...
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.