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acquisitions action activities addition Administration Agency amount annual applications appropriations approved areas assistance authorized basis bill bonds borrowing building carrying charges cities commitments committee completed Congress construction contract cooperation cost defaults demonstration direct displaced dwelling effect established estimated existing experience facilities families Federal field financing fiscal FNMA foreclosures funds Government grants HARDY Housing Act improvement income increased interest interest rate involved issued July June 30 land legislation lenders less limited loans maximum meet million months mortgage mortgage insurance necessary needs offices operations percent period planning present problems processing progress projects public housing purchase questions reasonable received regional rehabilitation relocation reserves responsibility Senator SPARKMAN standards tion transportation units urban renewal
Page 124 - Twenty directors were to be elected annually by the stockholders, and five, being stockholders, were to be appointed by the President of the United States and confirmed by the Senate. The federal government was to charter no other bank during the period of the charter of this.
Page 100 - FNMA's secondary market operations. MORTGAGES ELIGIBLE FOE PtTKCHASE BY FNMA Mortgages purchased for the portfolio of FNMA's secondary market operations are restricted by statute to those which (1) are insured by the Federal Housing Administration or guaranteed by the Veterans...
Page 114 - Administrator is authorized to make grants or loans (directly, through the purchase of securities or equipment trust certificates, or otherwise) to assist States and local public bodies and agencies thereof in financing the acquisition, construction, reconstruction, and improvement of facilities and equipment for use, by operation or lease or otherwise, in mass transportation service in urban areas and in coordinating such service with highway and other transportation in such areas.
Page 123 - It establishes policies, issues regulations, and supervises the operations of the Federal Home Loan Bank System, the Federal Savings and Loan Insurance Corporation, and the Federal Savings and Loan System.
Page 97 - Act; (2) the public housing agency shall adopt and promulgate regulations establishing admission policies which shall give full consideration to its responsibility for the rehousing of displaced families, to the applicant's status as a serviceman or veteran or relationship to a serviceman or veteran or to a disabled serviceman or veteran, and to the applicant's age or disability, housing conditions, urgency of housing need, and source of income...
Page 15 - Government, and builds on the progress being made by the Housing and Home Finance Agency and the Bureau of Public Roads in interdepartmental relationships.
Page 100 - ... provide supplementary assistance to the secondary market for home mortgages by providing a degree of liquidity for mortgage investments, thereby improving the distribution of investment capital available for home mortgage financing...
Page 88 - In providing technical assistance under this act in the field of education, health, housing, or agriculture, or in other fields, the head of any such agency or such officer shall utilize, to the fullest extent practicable, the facilities and resources of the Federal agency or agencies with primary responsibilities for domestic programs in such fields.