Alaska Housing Act: Hearings Before the Committee on Banking and Currency, House of Representatives, Eighty-first Congress, First Session, on H.R. 2122, a Bill to Promote the Settlement and Development of the Public Domain in the Territory of Alaska by Facilitating the Construction of Necessary Housing Therein, and for Other Purposes, Superseded by H.R. 3615 ... Mar. 17, 1949

Front Cover
 

What people are saying - Write a review

We haven't found any reviews in the usual places.

Selected pages

Other editions - View all

Common terms and phrases

Popular passages

Page 3 - 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...
Page 5 - The financial transactions of the corporation for any fiscal year during which Federal funds are available to finance any portion of its operations may be audited annually by the General Accounting Office in accordance with the principles and procedures applicable to commercial corporate transactions and under such rules and regulations as may be prescribed by the Comptroller General of the United States.
Page 5 - Mr. Chairman and members of the committee, it is a privilege for me to appear before you today...
Page 2 - ... hereof shall terminate except with respect to contracts on projects previously entered into or undertaken and court proceedings then pending, and (b) property acquired or constructed under this Act shall be disposed of as promptly as may be advantageous under the circumstances and in the public interest.
Page 2 - Commissioner as to rents or sales, charges, capital structure, rate of return, and methods of operation...
Page 3 - To be eligible for insurance under this section a mortgage shall — "(1) have been made to, and be held by, a mortgagee approved by the Commissioner as responsible and able to service the mortgage properly; "(2) involve a principal obligation (including such initial service charges, appraisal, inspection, and other fees as the Commissioner shall approve) in an amount not to exceed...
Page 4 - Secretary may prescribe, to make commitments for the insuring of such mortgages prior to the date of their execution or disbursement thereon...
Page 4 - ... the development of well-planned, integrated residential neighborhoods, the development and redevelopment of communities, and the production, at lower costs, of housing of sound standards of design, construction, livability, and size for adequate family life...
Page 2 - 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...
Page 5 - Administrator, notwithstanding the provisions of any other law, shall — (1) prepare annually and submit a budget program as provided for wholly owned Government corporations by the Government Corporation Control Act, as amended ; and (2) maintain an integral set of accounts which shall be audited annually by the General Accounting Office in accordance with the principles and procedures applicable to commercial transactions as provided by the Government Corporation Control Act, as amended, and no...

Bibliographic information