Tax Treatment of Mortgage Subsidy Bonds: Hearings Before the Committee on Ways and Means, House of Representatives, Ninety-sixth Congress, First Session, on H.R. 3712 ....
U.S. Government Printing Office, 1979 - 1072 páginas
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additional afford allow amount areas assistance Association Authority Bank believe benefit bill bond issues bond programs California Chairman Chicago City committee concerned Congress construction continue cost County designed direct economic effect efforts established exempt existing families Federal funds going households Housing Finance Agency income limits increase industrial institutions interest interest rates investment issuance legislation lending low and moderate lower means median income meet ment million moderate income mortgage loans mortgage revenue bonds multifamily municipal neighborhoods notes objectives obligations Office payment percent permit persons present problems proceeds projects proposed purchase question reasonable redevelopment rehabilitation rental represent residential residents result savings securities serve single single-family specific statement subsidy substantial tax-exempt tax-exempt bonds Thank tion units urban
Página 91 - For purposes of this subsection, the term "industrial development bond" means any obligation — (A) which is issued as part of an issue all or a major portion of the proceeds of which are to be used directly or indirectly in any trade or business carried on by...
Página 233 - Paragraph ( 1 ) shall not apply to any obligation which is issued as part of an issue substantially all of the proceeds of which are to be used...
Página 480 - ... in one or more series, may bear such date or dates, may mature at such time or times not exceeding...
Página 482 - The provisions of this act are severable and if any of its provisions shall be held unconstitutional by any court of competent jurisdiction, the decision of such court shall not affect or impair any of the remaining provisions of this act.
Página 118 - low-income rental housing" means any building the dwelling units in which are held for occupancy on a rental basis by families and individuals of low or moderate income, as determined by the...
Página 282 - ... the realization as soon as feasible of the goal of a decent home and suitable living environment for every American family...
Página 207 - In witness whereof the parties hereto have caused these presents to be executed by their proper officers thereunto duly authorized and their corporate seals to be hereunto affixed, as of the day and year first above written.
Página 480 - ... denominations, be in such form, either coupon or registered, carry such registration privileges, be executed in such manner, be payable in such medium of payment, at such place or places, and be subject to such terms of redemption, with or without premium, as such resolution or resolutions may provide.