Word: ownership
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Dates: during 1970-1979
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Last week the FHA's current and popular program to subsidize home ownership for low-and moderate-income families, under Section 235 of the Housing Act of 1968, ran into a similar thicket of trouble. A staff study issued by Wright Patman's House Banking Committee charged that the FHA has allowed real estate speculators using the program to make huge profits at the expense of the poor through what amounts to "sheer fraud." The FHA "virtually turned its back," the report asserted, while unscrupulous operators bought or built ramshackle dwellings, obtained inflated valuations from FHA appraisers...
...Comptroller's Office, and other such departments or activities as may be agreed upon by the Dean of Radcliffe College and the Harvard Administration, should be brought together Plans should be made promptly to effect these changes efficiently, fairly and in harmony with existing obligations. Radcliffe would retain ownership of its property, including its endowment and funds held in or received for the Program for Radcliffe College, and would continue to manage its own endowment in consultation with the Harvard Treasurer. It should be left to the Dean of Radcliffe to work out with Harvard the use of and responsibility...
...letter demanded answers to a number of questions pertaining to Harvard land ownership in the Roxbury area and to the AHC. It called for Harvard to disclose the exact amount of its property in the Roxbury neighborhood and its development plans for the area...
Kramer estimates that the Harvard Bookstore loses $20,000 to shoplifters annually, out of a total business of $300,000. He says that stealing has increased tremendously since he took over the ownership of the Bookstore...
...have had a warm relationship with the talented people who run and manage these stations," said Heiskell. "They have served us well for 16 years, but we feel that the time is right for us to undertake a reallocation of our resources. We are pleased that the ownership will pass to McGraw-Hill because we know they will continue the tradition of public service for which these stations have been distinguished...