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...Under HUD's formula the block grant will be equivalent to the initial categorical grant received by the City agency in the past," the spokesman said yesterday. "But this formula does not make any provision for the secondary 'Piggyback' grants that agencies have been so dependent...

Author: NO WRITER ATTRIBUTED | Title: Report Shows City's Funding Will Decrease | 4/25/1973 | See Source »

Laurence O. McKinney '66 is head of The of a Hud-funded project to test urban education company based in Cambridge...

Author: By Laurence O. Mckinney, | Title: An Opiate of the Masses | 4/10/1973 | See Source »

...m.p.h. mini-dragster called "the Hud." It looks deceptively like a 1973 Camaro. But, lightened by a fiber-glass body and fueled by explosive nitromethane, the car can streak down a quarter-mile from a standing start in 6½ seconds. To achieve that flash of glory, two Chicago pipefitters labored five hours a night, putting together the right combination of engine, transmission and body. "Your car not only has to run fast, it has to look good," says the Hud's wrench (chief mechanic), Tom Jordan, 33. "If your $1,500 paint gets chipped, that...

Author: /time Magazine | Title: AMERICAN SCENE: Auto Shows: They Love Speed | 3/19/1973 | See Source »

Builders concede that there have been abuses, but argue that tighter management from Washington could eliminate them without battering the construction industry or stopping needed slum clearance. They fear, however, that it will be a long time before they get any federal subsidy again-and with good reason. HUD officials in Chicago have not yet even received federal guidelines for evaluating the success or failure of the suspended programs. That lack indicates that the federal restudy is likely to use up the full 18 months, and then some...

Author: /time Magazine | Title: HOUSING: An Unsubsidized Slump? | 3/5/1973 | See Source »

Many companies had scooted into the field without much planning in the belief that the Government was going to subsidize a large portion of the building costs, HUD's Operation Breakthrough did underwrite some production, but the department never laid out anywhere near as much money as builders had expected. Says Kenneth D. Campbell, president of Audit Investment Research, which specializes in real estate: "It wasn't really an industry at all. Just a bunch of companies with big hopes.' Some companies like Behring and Potlatch took great pains in design mg and equipping their plants, only...

Author: /time Magazine | Title: HOUSING: Move out of Modules | 2/19/1973 | See Source »

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