Housing and Urban Development Act of 1972: Hearings Before ... , 92-2 ... , June 8, 9, 12, and 13, 1972

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Transfer of insurance TITLE IVHOME MORTGAGE INSURANCE
36
Basic program Sec 402 Homeownership assistance
39
TITLE VPROJECT MORTGAGE INSURANCE
47
Multifamily housing program Sec 502 Multifamily housing assistance
50
Health facilities program Sec 504 Supplemental project loans
64
Land development program Sec 506 Cost certification
71
TITLE VIINSURANCE CLAIMS Sec 601 Home mortgage insurance claim settlement
75
Forbearance of payments
78
Acquisition of home mortgages to avoid foreclosure
79
Project mortgage insurance claim settlement
80
Modifications in terms of project mortgages
83
Settlement of insurance claims with debentures
87
TITLE VIIMISCELLANEOUS Sec 701 General authorization for dealing with and disposing of property
89
Acquisition of title by the Secretary
91
Transition between the National Housing Act and the Revised National Housing
94
Experimental dual interestrate program Sec 104 Conforming and technical amendments
95
PART BAMENDMENTS TO NATIONAL HOUSING ACT Sec 111 Extension of existing programs
96
Extension of flexible interest rate authority Sec 113 Interim authorizations for section 235 and section 236 programs
98
Expenditures to correct or compensate for defects in mortgaged homes
99
Financing of home improvement loans for middle income families
100
Refinancing of housing for elderly under section 236 program Sec 117 Interim requirement of local governmental approval for section
107
TITLE IIPRESERVATION AND REVITALIZATION OF DECLINING NEIGHBORHOODS Sec 201 Purpose Sec 202 Grants for neighborhood pres...
108
Demonstration of Federal mortgage insurance to facilitate sale or refinancing of housing in neighborhood preservation areas and other areas threaten...
111
TITLE IIIPUBLIC HOUSING ASSISTANCE PROGRAM Sec 301 Consolidation and revision of program UNITED STATES HOUSING ACT OF 19...
112
Definitions
113
Loans for lowincome housing projects
118
Annual contributions for lowincome housing projects Sec 6 Annual contributions contract Sec 7 Congregate housing
133
Lowincome housing in private accommodations
134
Annual contributions for operation of lowincome housing projects
135
General provisions Sec 11 Financing lowincome housing projects
142
Labor standards
143
Applicability of rental requirements
144
Exemption of certain projects from rental formula Sec 304 Interim authorization for public housing Sec 305 Repeal of specification requirements in ...
146
Retroactive effect of repeal of section 10j Sec 307 Amendment to National Bank
147
Amendment to Lanham
148
Effective date TITLE IVCOMMUNITY DEVELOPMENT BLOCK GRANTS Sec 401 Purpose Sec 402 Definitions
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Authorization to make grants
152
Eligibility requirements Sec 405 Eligible activities Sec 406 Authorization of funds Sec 407 Allocation of funds Sec 408 Loan authority Sec 409 Lab...
167
Records audit and reports
168
Effective date termination of existing programs Sec 413 Liquidation of superseded programs
169
TITLE VSTATE DEVELOPMENT AGENCIES Sec 501 Declaration of purpose Sec 502 Eligible development agencies Sec 503 Federal guarantees ...
170
Flood insurance premium equalization payments
263
or 236 housing
273
Jackson Philip C Jr president Mortgage Bankers Association accom
284
Definitions
298
Limitations and disclosures with respect to certain federally
304
Millman Richard M prepared statement__ 395
363
Spellman Gladys N member County Council of Prince Georges County
384
Keith Nathaniel S president National Housing Conference 425
393
92D CONGRESS H
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National Housing Conference statement on behalf by Nathaniel S Keith
425
Pollard Joseph M
431
Nangle John J Washington counsel for the National Association
433
Pickle Hon J J a Representative in Congress from the State of Texas
445
Patman Hon Wright letters to Hon George Romney Secretary
449
Swertfeger Jack member executive committee of the State Bar of Georgia
473
A BILL
481
Purcell Francis presiding supervisor of the township of Hempstead
501
Purcell Francis prepared statement_
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TITLE IMORTGAGE CREDIT ASSISTANCE
509
Walsh Albert A president National Association of Housing and
539
PART AREVISED NATIONAL HOUSING
544
Wylie Rose national chairwoman National Tenants Organization
558
Wylie Rose additional statement_
562
Ratagick Marie on behalf of the National Welfare Rights Organization
563
Americans for Democratic Action statement on behalf of Miss Cushing
568
Roessner G G president City Federal Savings Loan Association
595
Romney Hon George Secretary of Housing and Urban Development
612
Bernstein George K Administrator Federal Insurance Administration
658
APPENDIX
717
American Bankers Association statement with regard to closing costs
725
National Association of Real Estate Boards Washington D C letter
733
Bullock Richard L executive vice president National Association
736
National Citizen Participation Council San Francisco Calif letters with
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Harrison president First Federal Savings Loan Associa
752
Chamness Vicki D executive director Housing Authority of the County
757
Norton Roger L vice president Lowell Smith Evers Inc Beverly
762
Retired Professional Action Group Washington D C letter from Fairfax
769
DuVal Dr Merlin K Assistant Secretary for Health and Scientific Affairs
774
Church Kern E P E chief engineer and secretary to the North Carolina
778
SEC 101 The provisions of this section which follow shall
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Frey Hon Louis Jr
796

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461 ÆäÀÌÁö - Interest on loans made under this section shall be at a rate not less than (i) 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 with remaining periods to maturity comparable to the average maturities of such loans adjusted to the nearest one-eighth of 1 per centum, plus (ii) an allowance adequate in the judgment of the Secretary of Transportation to cover administrative costs and...
572 ÆäÀÌÁö - ... or any special favor or advantage in the dividends or other benefits to accrue thereon, or any paid employment or contract for services of any kind or any valuable consideration or inducement whatever not specified in the policy contract of insurance...
75 ÆäÀÌÁö - ... of all claims of the mortgagee against the mortgagor or others, arising out of the mortgage transaction or foreclosure proceedings, except such claims as may have been released with the consent of the Administrator.
41 ÆäÀÌÁö - The monthly payment for principal and interest the mortgagor would be obligated to pay if the mortgage were to bear interest at the rate of 1 percent per annum.
293 ÆäÀÌÁö - ... of its withdrawable accounts is authorized to invest in, to lend to, or to commit itself to lend to any business development credit corporation incorporated in the State in which the head office of such association is situated, in the same manner and to the same extent as the statutes of such State authorize a savings and loan association organized under the laws of...
156 ÆäÀÌÁö - ... and shall remain available until obligated. There are authorized to be appropriated for liquidation of the obligations incurred under this subsection not to exceed...
615 ÆäÀÌÁö - ... toy, or other article intended for use by children, which is a hazardous substance, or which bears or contains a hazardous substance in such manner as to be susceptible of access by a child to whom such toy or other article is entrusted; or (B) any hazardous substance intended, or packaged in a form suitable, for use in the household, which the Secretary by regulation classifies as a 'banned hazardous substance...
463 ÆäÀÌÁö - The Secretary is authorized to make loans to nonprofit organizations for the necessary expenses, prior to construction, in planning, and obtaining financing for, the rehabilitation or construction of housing for low or moderate income families under any federally assisted program.
196 ÆäÀÌÁö - USC 757c), is amended by adding at 12 the end thereof the following new subsection : 13...
384 ÆäÀÌÁö - NEW YORK, ON BEHALF OF THE NATIONAL ASSOCIATION OF COUNTIES Mr. Chairman and members of the subcommittee, my name is Lois Blume, and I am the Federal and State Aid Coordinator for Nassau County, New York.

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