Housing Act of 1959: Hearings Before the Subcommittee on Housing of ... , 86-1, January 28, 29, 30, 31, February 2 and 3, 1959
1959 - 720 páginas
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activities additional administration agency amended amount annual applications approved areas assistance Association authority banks basis believe bill bonds building capital Chairman charges College Commissioner commitments committee completed Congress construction continue contract contributions cooperative cost effect elderly existing facilities fact families Federal feel financing FNMA funds further give going Government grant hospital Housing Act improvements income increase inserting institutions interest land legislation less lieu limits loan low-rent Mason McDonough means meet million mortgage insurance necessary nursing obligations operations payments percent period permit planning present problem proposed public housing purchase question Rains reason recommend rent rental reserve respect responsibility statement striking subsection thereof tion units University urban renewal
Página 11 - 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.
Página 11 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations issued hereunder and for that 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, as amended, and the purposes for which securities may be issued under that Act, as amended, are extended to include any purchase of such notes and obligations.
Página 11 - In the performance of, and with respect to, the functions, powers, and duties...
Página 289 - Such debentures shall be exempt, both as to principal and interest, from all taxation (except surtaxes, estate, inheritance, and gift taxes) now or hereafter imposed by any Territory, dependency, or possession of the United States, or by the District of Columbia, or by any State, county, municipality, or local taxing authority...
Página 31 - The aggregate of such capital grants with respect to all the projects of a local public agency on which contracts for capital grants have been made under this title shall not exceed twothirds of the aggregate of the...
Página 5 - Act, as amended, is amended by striking out the semicolon at the end thereof and inserting in lieu thereof a colon and the following: "Provided, That the words 'property consisting of ordinary livestock, fish (including shell fish), or agricultural (including horticultural) commodities (not including manufactured products thereof)' as used herein shall include property shown as 'Exempt...
Página 23 - Act to expedite the provision of housing in connection with national defense, and for other purposes," approved October 14, 1940, as amended Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled. That section 301 of the Act entitled "An Act to expedite the provision of housing in connection with national defense, and for other purposes...
Página 5 - No mortgagor or mortgagee shall have any vested right in a credit balance in any such account, or be subject to any liability arising out of the mutuality of the Sales Fund, and the determination of the Commissioner as to the amount to be paid by him to any mortgagor shall be final and conclusive.
Página 350 - Such notes or other obligations shall bear interest at a rate determined by the Secretary of the Treasury, taking into consideration the current average rate on outstanding marketable obligations of the United States of comparable maturities as of the last day of the month preceding the issuance of such notes or other obligations.