Word: recommends
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...planners urge an end to public housing, feeling that home ownership is vital to city health. Beyond that, parks and new housing will be added to the mainly Latin American Pilsen neighborhood, and Chinatown will be reoriented toward the Chicago River. For the rundown Cabrini Green area they recommend new housing, job training centers and mass transit to allow residents to travel to work without having...
...next step is for Chicago's people to respond to the plan in public hearings. Then the planners recommend that a limited-dividend company with public and private ownership be set up to hold land, coordinate the projects and raise most of the seed money-all tasks beyond the scope of ordinary developers. Initial funds could come from the sale of special revenue bonds. Later, income from completed projects could be used to underwrite more improvements elsewhere in the city...
Furthermore, the Joint Subcommittee's inclusion of "non-professional white-collar jobs" in its definition of "blue-collar jobs" may allow the CRA to continue to recommend luxury housing, he said...
...President's three top economic advisers, Treasury Secretary George Shultz, Council of Economic Advisers Chairman Herbert Stein and Federal Reserve Chairman Arthur Burns, rushed home from an international bankers' meeting in Paris. Nixon's new domestic policy chief, Melvin Laird, told newsmen that he would recommend tighter economic controls...
Councillor Frank H. Duehay '55, chairman of the Council's sub-committee on economic development and co-chairman of the Kendall Square hearings, hopes to issue a report this week to the Council on the CRA's Kendall Square proposal, but is non-committal about what that report will recommend...