Word: usha
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...eight cities, for 15 more low-rent rehousing projects, last week went $32,632,000 more of the $800,000,000 which U. S. Housing Authority is authorized to lend to local housing authorities. This brought total USHA loans to $265,054,000; and total commitments (including rent-reducing contributions) to $576,104,000. Thus did Administrator Nathan Straus celebrate the first anniversary of his big New Deal program of sheltering the worst-housed, lowest-income portion of the populace. His estimate of the families thus far provided for by USHA...
...thoughts to Housing. He told his press conference† that four phases of his broad Housing program were now functioning effectively: Home Owners' Loan Corp., to save small mortgaged properties for their owners; Slum Clearance, which has been taken up by almost all large U. S. cities; USHA, which finances new tenements for people who can afford not more than $5 per room per month; Federal Housing Administration, which finances home owners who can afford $10 per room per month...
Next, declared the President, must come Phase No. 5-housing for lower-middle families who can afford rooms between USHA's $5 maximum and FHA's $10 minimum. The President hoped that money to finance Housing in this field could be found among thousands of people with $1,000 or so to invest, small private capital brought into an enormous pool by a sure promise of 3% or 3½% interest...
Housing. Congress extended in time and broadened in scope Federal mortgage insurance; upped USHA's loan funds...
...Housing. $300,000.000 plus authority for USHA to borrow on its bonds...