COMMITTEE ON BANKING AND CURRENCY BRENT SPENCE, Kentucky, Chairman PAUL BROWN, Georgia JESSE P. WOLCOTT, Michigan WRIGHT PATMAN, Texas RALPH A. GAMBLE, New York A. S. MIKE MONRONEY, Oklahoma FREDERICK C. SMITH, Ohio BROOKS HAYS, Arkansas JOHN C. KUNKEL, Pennsylvania ALBERT RAINS, Alabama HENRY 0. TALLE, Iowa FRANK BUCHANAN, Pennsylvania ROLLA C. MCMILLEN, Illinois CLARENCE E. KILBURN, New York MERLIN HULL, Wisconsin WILLIAM J. HALLAHAN, Clerk JOHN E. BARRIERE, Professional Staff CONTENTS Page H. R. 6618. A bill to assist cooperative and other nonprofit.corporations in the production of housing for families of moderate income- H. R. 6742. A bill to amend the National Housing Act, as amended, and for Bliss, George L., chairman, legislative committee, United States Bryant, Drayton S., housing consultant.. Clarke, W. A., representing the Mortgage Bankers Association of Dinger, Robert S., assistant to the director, National Economic Com- mission, the American Legion.- Edelr an, John W., representing the Textile Workers Union of America, 437 448 221, 235, 454 344 401 300 Henle, Peter, secretary, American Federation of Labor housing com- Javits, Hon. Jacob K., a Representative in Congress from the State Ketcham, Frank S., representing Council for Social Action of the Con- gregational Christian Churches King, Joseph T., legislative counsel, National Retail Lumber Dealers Kreutz, Oscar R., executive manager, National Savings and Loan Krooth, David L., representing National Housing Conference, Inc. 169 429 367 Lockwood, Rodney M., president, National Association of Home Nichols, C. N., managing director, Northeastern Roofing, Siding, and Insulating Contractors Association, Inc.--- O'Grady, Rt. Rev. Msgr. John, secretary, National Conference of 422 O'Leary, Dr. James J., director of investment research, the Life In- surance Association of America. Reckman, William A., chairman, subcommittee on mortgage financing 296 Richards, Franklin D., Commissioner, Federal Housing Administra- Roosevelt, Hon. Franklin D., a Representative in Congress from the Thompson, John C., representing the National Association of Real Page 139 339 131 127 468 469 407 407 119 421 58 285 Statements of—Continued Voorhis, Jerry, executive secretary, Cooperative League of the United States of America and National Cooperative Mutual Housing Asso- ciation.. Wagner, Robert F., Jr., representing the Americans For Democratic Weitzer, Bernard, legislative representative, Jewish War Veterans of Williamson, John C., assistant director, national legislative service, Veterans of Foreign Wars. Additional matter and communications submitted for the information of American Association of Social Workers, statement- American Council on Human Rights, statement of Elmer W. Hender- American Federation of Labor: Comparison of minimum space requirements, Federal Housing Administration and Public Housing Administration, Washing- ton, D. C.- to September, 1949- American Veterans Committee, statement by Michael Straight.. Partial directory of cooperative housing associations in the United Chamber of Commerce of the United States, analysis of H. R. 6618.-- Chicago Mortgage Bankers Association, letter of January 30, 1950, to Cooperative Housing Projects Called Pattern of Future, from New York Herald Tribune, January 29, 1950- Equitable's Bronx Suites Now Renting, article from the New York World-Telegram and Sun of February 6, 1950.- Federal Housing Administration: Summary of rental housing operations as of December 31, 1949- Housing and Home Finance Agency: Comparison of estimated gross monthly rental on an $8,000, 442-room unit financed under proposals for non-profit and co- operative housing for families of moderate income and with a 90-percent mortgage insured by FHA under section 608 for a privately owned (for profit) project (tabulation) - Costs of acquiring and servicing loans, losses on loans, and opera- tion of a mortgage portfolio. making them.--- Distribution by number of rooms of dwelling units in section 608, veterans' emergency housing projects covered by commitments issued January to June 1949, United States total and selected Distribution by total money-income level for families of two or more persons, 1948 (tabulation) - Distribution of monthly rentals of dwelling units in section 608 veterans' emergency housing projects covered by commitments issued January to June 1949, United States total, and selected insuring offices (tabulation)-- Estimated monthly gross and shelter rent and debt service for a non-profit organization on a $7,000, $8,000, and $9,000 project operating expenses as on FHA projects (tabulation)--- Total investment and loans outstanding- Minimum size of project---- Privately financed permanent nonfarm dwelling units started, annually, 1935–49. Proposed amendment to H. R. 6742_ Section 608, war and VEH rental projects, 1942–49. 30 67 64 64 81 II - !!! iii 1 1 1 35 29 66 Massachusetts Housing Council, report on cooperative housing--- 459 National Association of Housing Officials, letter of Feb. 3, 1950, to National Association of Home Builders: Average characteristics by mortgagor's monthly income.. Percentage of families with net effective incomes of $2,400 to $4,800 purchasing new section 203 homes, January to June, 1949, for selected insuring offices - - National Association of Real Estate Boards: Cities producing new houses for sale for $8,000 or less. Financing of cooperative housing projects; examples - Provisions for FHA insurance.. National Federation of Settlements and Neighborhood Centers, National Housing Committee, CIO: Apartment Boom Floated on Public Risk, article from Architec- Cost, value comparisons, based on house cost only -- Equal monthly payments, covering principal and interest, for National Savings and Loan League: Additional information submitted in answer to questions by com- 219 100 Home of Their Own, issued by Nicholson Post, No. 38, Baton 107 111 The National Grange, statement of Albert S. Goss, master- Resolution No. 364, veterans' nonprofit cooperatives.- Voorhis, Jerry: 157 154 45 |