Housing Amendments of 1949: Hearings Before a Subcommittee of the Committee on Banking and Currency, United States Senate, Eighty-first Congress, First Session, on S. 2246, a Bill to Amend the National Housing Act, as Amended, and for Other Purposes

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Considers S. 2246, to amend the National Housing Act.
 

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Page 18 - Such notes or other obligations shall bear interest at a rate determined by the Secretary of the Treasury, taking into consideration the current average market yield on outstanding marketable obligations of the United States of comparable maturities during the month preceding the issuance of the notes or other obligations.
Page 7 - In the performance of, and with respect to, the functions, powers, and duties...
Page 4 - Insurance Fund. The principal of, and interest paid and to be paid on, debentures...
Page 25 - 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 25 - Treasury is authorized and directed to purchase any notes and other obligations 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, as amended, and the purposes for which securities may be issued...
Page 419 - ... the production of housing of sound standards of design, construction, livability, and size for adequate family life...
Page 18 - ... (b) A loan pursuant to this title shall be secured in such manner, and shall be repaid within such period not exceeding fifty...
Page 27 - A loan secured by real estate within the meaning of this section shall be in the form of an obligation or obligations secured by...
Page 27 - Congress that if any provisions of this Act, or the application thereof to any persons or circumstances, shall be adjudged by any court of competent jurisdiction to be invalid, such judgment shall not affect, impair, or invalidate the remainder of this Act or its applications to other persons and circumstances...
Page 188 - ... that the construction will be undertaken in an economical manner and that it will not be of elaborate or extravagant design or materials.

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