Housing Legislation of 1961: Hearings Before a Subcommittee of the Committee on Banking and Currency, United States Senate, Eighty-seventh Congress, First Session, on Various Bills to Amend the Federal Housing Laws .... Appendix

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U.S. Government Printing Office, 1961 - 1049 էջ
 

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Common terms and phrases

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Էջ 150 - Board in its administration of the Federal Home Loan Bank System, the Federal Savings and Loan Insurance Corporation, and the Federal Savings and Loan System.
Էջ 109 - This statute provides for direct long-term loans to assist institutions of higher education in the provision of housing and related facilities for students and faculty where such assistance is not otherwise available on equally favorable terms, and, by 1957 amendment, to assist hospitals in providing housing facilities for student nurses and interns.
Էջ 109 - COMMUNITY FACILITIES ADMINISTRATION SEC. 17. Section 702 of the Housing Act of 1954 is hereby amended to read as follows : "SEC. 702. (a) In order (1) to encourage municipalities and other public agencies to maintain at all times a current and adequate reserve of planned public works the construction of which can rapidly be commenced...
Էջ 150 - These expenses are paid from funds derived from assessments made on the Federal Home Loan Banks, the Federal Savings and Loan Insurance Corporation, and the Board's Division of Examinations.
Էջ 98 - In addition, the locality may with Federal assistance upgrade the project area by the provision of community facilities (such as parks, playgrounds, streets, and sewers) to make it a better place in which to live and work as well as to raise and stabilize property values. Where it is feasible to carry out an urban renewal project without direct Federal financial...
Էջ 99 - ... by urban renewal technicians in the regional offices. A small policy determination and program review staff in the central office of the Urban Renewal Administration provides overall policy control and direction and to the program. This plan of administration recognizes the close relationship that exists between the urban planning assistance program and the urban renewal program as well as the common skills required in the economical operation of these related activities. Actual planning activities...
Էջ 34 - July 27, 1947, was established to carry out the principal housing, home financing, and community development functions of the Federal Government. The Agency is headed by an Administrator who is responsible for the general supervision and coordination of the whole range of housing programs and operations which the Agency embraces.
Էջ 42 - OO or less, or up to 5 years and 32 days if the amount is over $600. A loan to repair or convert a multifamily structure may be as much as $15,000, or an average of $2,500 per family unit, whichever is less, and have a maturity up to 7 years and 32 days. A loan to build a new structure for agricultural use may be as much as $3,500 and may be repaid over a period up to 7 years and 32 days, or up to 15 years and 32 days if the loan is secured by a first lien.
Էջ 113 - Technical advice and assistance given applicants is fundamentally 'dtrtcted tothe production of projects and loans which are soundly conceived and will attract private investment funds either (1) for the whole bond issue when floated by the locality, (2) for some portion of the issue when participation by private lenders can be secured, or (3) by sale of an issue originally putehased by th?
Էջ 17 - Two price increases of y2 point each were announced, the first in July and the second in August. The maximum size loan per dwelling eligible for purchase under the secondary market program was raised by FNMA from $15,000 to $20,000 in January ; and in October the issuance of standby commitments for the purchase of existing houses was initiated.

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