COMMITTEE ON BANKING AND CURRENCY 93d Congress, Second Session Printed for the use of the Committee on Banking and Currency 27-051 O U.S. GOVERNMENT PRINTING OFFICE WASHINGTON: 1974 COMMITTEE ON BANKING AND CURRENCY WRIGHT PATMAN, Texas, Chairman SUBCOMMITTEE ON HOUSING WILLIAM A. BARRETT, Pennsylvania, Chairman LEONOR K. (MRS. JOHN B.) SULLIVAN, THOMAS L. ASHLEY, Ohio WILLIAM S. MOORHEAD, Pennsylvania WILLIAM B. WIDNALL, New Jersey J. WILLIAM STANTON, Ohio MARGARET M. HECKLER, Massachusetts GERALD R. MCMURRAY, Staff Director BENJAMIN B. MCKEEVER, Counsel (II) LETTERS OF TRANSMITTAL To All Members of the Committee on Banking and Currency: I hereby transmit for the use of the Committee on Banking and Currency this Committee Print containing various Administration proposals in the area of housing and community development submitted to the Congress. These three bills along with section-by-section summaries, as well as the statement of HUD Secretary James T. Lynn in support of these bills before the Subcommittee on Housing on October 9, 1973, are gathered together in this document so that the members of the Committee, as well as the public, will have reference to the Administration's recommendations. Sincerely, WRIGHT PATMAN, Chairman. Hon. WRIGHT PATMAN, Chairman, Committee on Banking and Currency, U.S. House of Representatives, Washington, D.C. DEAR MR. CHAIRMAN: Enclosed for your consideration are the three major Administration bills on housing and community development, H.R. 7277 the Better Communities Act, H.R. 10688 the Housing Act of 1973, and H.R. 10689 the Private Mortgage Insurance Guarantee Act of 1973, as well as the section-by-section summaries of these bills and the statement in behalf of them by HUD Secretary James T. Lynn before the Subcommittee on Housing. I believe that in publishing these proposals in one document, it will provide an easy reference for the members of the Committee in our consideration of these bills this year, as well as a ready reference for the public. Sincerely yours, WILLIAM A. BARRETT, Chairman, Subcommittee on Housing. (III) |