Word: holc
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
After Repeal, when Asher broke with Paul V. McNutt's local politicians, his noisy cafe, the "Wig-Warn," lost its liquor license. When HOLC foreclosed on him, he broke with Roosevelt and started X-Ray ("A Beacon for Taxpayers and Honest Labor"). In its five years its circulation has wavered between...
...assessed valuation. Assessments ran at least 100% of true valuation, sometimes more. A survey of 108 properties by the Federal Home Loan Bank Board showed that they were so over-assessed that their average effective tax rate was $74 on $1,000. On one of its houses, on which HOLC collects $75 a month rent, it sets a modest appraisal of $6,000. Jersey City's appraisal...
...Competition of public lending agencies (RFC, HOLC, etc.) with private institutions has worked against private risk of capital...