Housing Act of 1954: Hearings Before the Committee on Banking and Currency, Part 1U.S. Government Printing Office, 1954 - 2043 pages |
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Common terms and phrases
amount assistance Association authorized believe bill blight Board builders building CHAIRMAN charges COLE Commissioner commitments committee Congress construction cost debentures displaced effect eligible eliminate exceed existing facility families farm Federal Housing Administration FNMA going guaranteed hereby amended HOLLYDAY Home Finance Housing and Home housing program improvements income increase Insurance Fund interest rate June 30 legislation lenders limited loan to value low-rent maturity maximum ment million mortgage insurance mortgage loans National Housing Act obligations operations outstanding payment percent present President problem proposed public agency public housing purchase pursuant question Recommendation redevelopment rehabilitation reserves secondary market Secretary section 203 Senator BENNETT Senator BRICKER Senator BUSH Senator DOUGLAS Senator IVES Senator MAYBANK Senator SPARKMAN Servicemen's Readjustment Act slum clearance statement subsection thereof tion Treasury VA loans veterans
Popular passages
Page 19 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations to be issued hereunder and for such purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act...
Page 90 - ... that there are or are being provided, in the project area or in other areas not generally less desirable in regard to public utilities and public and commercial facilities and at rents or prices within the financial means of the families...
Page 21 - ... income shall be exempt from all taxation now or hereafter imposed by the United States, by any Territory, dependency or possession thereof, or by any State, county, municipality or local taxing authority ; except that any real property of the corporation shall be subject to State, Territorial, county, municipal or local taxation to the same extent, according to its value, as other real property is taxed.
Page 18 - All redemptions, purchases, and sales by the Secretary of the Treasury of such notes or other obligations shall be treated as public debt transactions of the United States.
Page 130 - ... which are deemed by the corporation to be of such quality, type, and class as to meet, generally, the purchase standards imposed by private institutional mortgage investors.
Page 25 - ... definite local objectives respecting appropriate land uses, improved traffic, public transportation, public utilities, recreational and community facilities, and other public improvements...
Page 330 - After the report of the President's Advisory Committee on Government Housing Policies and Programs...
Page 17 - 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 32 - An act to expedite the provision of housing in connection with national defense, and for other purposes," approved October 14, 1940, as amended, is amended by striking out "$1,200,000,000" and inserting in lieu thereof "$1,600,000,000.
Page 16 - 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 obligations.