Housing Problems of the Elderly: Hearings Before the Subcommittee on Housing for the Elderly of the Special Committee on Aging, United States Senate, Eighty-eighth Congress, First-second Session ...U.S. Government Printing Office, 1964 |
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accommodation fees aged American Angeles Antelope Valley believe bonding company Calif California League Chairman church commitment committee concern construction contractor cost County default Department of Social director elderly housing executed expenses facilities Federal Housing Administration financing FNMA FRANK PENDERGAST Fresno project funds gentlemen George McLain GILLIES GLOBE INDEMNITY CO GRUBER hearing Housing Act housing problem housing program housing projects income insured interest January 9 land economics League of Senior Leisure World Lewis licensing life-care living Los Angeles County ment mortgaged property mortgagor corporation nonprofit sponsors obligations older operating payments percent persons public housing question rent rental requirements residents retirement homes Reverend LAZENBY section 231 secured hereby Senator Moss Senator RANDOLPH Senator WILLIAMS Senior Citizens Village SEVERIN social welfare sponsor corporation sponsoring organization statement Subcommittee on Housing Thank tion U.S. Senate units Voigt Western Savings
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100. lappuse - January 9, 1964, the committee recessed to reconvene at the call of the Chair.) (The following statements were submitted for the record as directed by the chairman:) STATEMENT BY LLOYD W.
39. lappuse - ... elderly. In summarizing my experience as sponsor and mortgagor-owner, I wish to make the following recommendations : 1. The three FHA forms: (1) Commitment for insurance of advances; (2) building loan agreement; and (3) construction contract, be rewritten to afford mortgagor-owner protection and require FHA to take action at the mortgagor-owner's request when the mortgagee fails to act in the best interests of the owner. 2. The two separate housing for the elderly programs be placed under a single...
39. lappuse - ... include in their commitment the cost of recreation, a community center or other community rooms or buildings, including necessary fixtures, furnishings, and equipment therefor, whether attached or unattached, and include necessary grounds maintenance equipment, 6. That under section 231 and section 202 provide that "a loan under this section shall be in an amount equal to the total development cost, unless the applicant specifically requests a loan in a lesser amount.
38. lappuse - Co., to squeeze the old folks out of the picture, foreclose and sell the village, and thereby make more money than they had originally anticipated. Our only recourse was the Federal bankruptcy court, under chapter 11. The referee issued a temporary restraining order against foreclosure and sale of the village. A number of hearings have been held. Another one is coming up in the referee's court on January 21.
46. lappuse - States; that to create low- rent housing hero is a — on a nonprofit basis is really an accomplishment in comparison to the subsidized public housing. Senator WILLIAMS. That to me is shocking that the citizens of the State decided this and I am only an ex-Califprnian. My grandfather was a blacksmith down in La Mesa, which is outside of San Diego. So you see, we come from pretty hard working stock. Senator RANDOLPH. Very sturdy stock. Senator WILLIAMS. The work stopped there. Senator RANDOLPH. Mr....
35. lappuse - ... seeking consideration for the elderly people. If you will notice at the top it says that it is for people 52 years of age and over, "retirement village" and the housing in here runs around and over $16,000, and they are insured by the FHA. The only type of housing the low income elderly of California can afford would be through construction of public housing subsidized by the community, which is prohibitive or practically made impossible by our State constitution. Well aware of the crying and...
36. lappuse - ... confirmed by actual experience. We have duplicated this village in Antelope Valley to serve the greater Los Angeles County which contains 40 percent of the State's over 1,600,000 population age 62 and over. The Antelope Valley village, covering 47^ acres, consists of 81 ranch style buildings, all 1 story, and arranged in casual fashion around a 20,000-square-foot community center.
35. lappuse - ... committee, my name is George McLain. I am chairman of the California League of Senior Citizens with headquarters at 1031 South Grand Avenue, Los Angeles, Calif. The league is sponsor of two of the largest low-rent, quality housing for the elderly developments in the country. The Senior Citizens Village, located at 1917 South Chestnut Avenue, Fresno, Calif., and the Senior Citizens Village of Antelope Valley, located on M and 65th Street, Quartz Hill area. Both are under the FHA mortgage insurance,...
39. lappuse - Since that time, we have been told, they have been rewritten by the FHA in favor of the mortgagee. In our case, had there been protection for the mortgagor-owner, foreclosure and bankruptcy proceedings on the Senior Citizens Village in Antelope Valley could have been averted. While I was in Washington the first of last year, through the courtesy of Congressman Richard Hanna, of California, I conferred with the legislative counsel in drafting HR...
35. lappuse - Our Senior Citizens Village in Fresno is an outstanding example of what we have been able to accomplish in this field. Our FHA commitment for this 42%-acre development with 557 living units was $4,400,000.