Financing House Construction & Home Ownership. Hearing ... on S. 168. [June 7, 1919]. |
Common terms and phrases
activities amount annual Australia Austria authorized becomes a national bill bonds building and loan Bureau of Industrial capital cent CHAIRMAN cities clearance schemes communes construction and home cost December 31 Department of Labor employees exceed exemptions Federal financing FREDERICK LAW OLMSTED Germany Government aid home ownership home-building HORACE MCFARLAND house construction Housing and Transportation Housing Association housing conditions Housing Corporation housing fund housing shortage Hungary IHLDER increase insanitary institutions interest investigation investment June 30 land legislation loan associations loan bank loan companies loans to building low-cost dwellings March 31 MCFARLAND ment mortgage loans mortgages national problem OLMSTED operations organization Philadelphia population public funds public-welfare building associations purpose Queensland question real estate rent rental repayment Savings Bank Senator PHIPPS slum small means South Australia Sweden taxes Tenement House tion ultraradical United States Housing Western Australia workers workmen's dwellings
Popular passages
Page 31 - ... or dock or harbour company, or any other company, society, or association established for the purpose of constructing or improving, or of facilitating or encouraging the construction or improvement of dwellings for the working classes...
Page 34 - June 30, 1913, the bank has made 22,600 loans, of which 13,140 were for the purchase of land holdings and 9,460 for the building of homes. Somewhat over twothirds of those who have borrowed to build homes own their garden plots. About one-third of the outstanding loans are for 1,000 crowns ($268) or less; only about one-seventh exceeded 2,000 crowns ($536). The outstanding loans on June 30, 1913, were approximately 32,000,000 crowns ($8,576,000). Sweden In Sweden a royal decree of 1904 created a...
Page 26 - Most important among these methods of aid is that of loans to public-welfare building associations. These are associations in which the dividends which may be paid to the stockholders are limited usually to 4, or at most 5, per cent on the paid-up capital. In many cases it is also required that upon the dissolution of the association any surplus which may exist shall not be divided among the stockholders but must go to some specified public purpose.
Page 26 - ... stockholders but must go to some specified public purpose. In continental European countries, where building associations operating under the various housing laws have attained the greatest growth, as in Belgium, France, Germany, Italy, and Austria, their operations are hedged about by many regulations and restrictions whose principal objects are to safeguard the security of the capital and to see that all the dwellings erected with the funds advanced are of a kind designed to carry out the purposes...
Page 25 - Norway. (b) Non-commercial building associations, as in Austria, Belgium (by savings bank whose deposits are guaranteed), Denmark, France, Germany, Great Britain, Italy, Luxemburg, Netherlands, Sweden and Norway. (c) Employers, as In Germany, Great Britain and Luxemburg. (d) Individuals, as in Germany, Great Britain, Australia, New Zealand and Norway. 3. Granting exemptions from or concessions in taxes or fees or granting some other form of subsidy to building associations or others, as in Austria,...
Page 26 - Liverpool, according to the official report, in some of the slum areas which have been the subject of clearance schemes and where displaced tenants have been rehoused upon the same areas, a death rate ranging from 40 to 60 per 1,000 (with a death rate from tuberculosis of...
Page 2 - That in each of said districts there shall be a board of enrolment, to be composed of the provost-marshal, as president, and two other persons, to be appointed by the President of the United States, one of whom shall be a licensed and practising physician and surgeon.
Page 31 - Loans by cities to building associations for the erection o workmen's dwellings. The housing work of the Empire for rental to its own employees has been quite extensive. In 1904 the amounts so invested were shown to be in excess of $8,000,000. More important, however, is the work of the housing fund established in 1901. Up to 1908 its loans to 84 enterprises amounted to nearly $6,000,000. These enterprises had expended on land and buildings $27,335,259, having erected 1,619 buildings with 7,856 apartments....
Page 25 - Granting exemptions from or concessions in taxes or fees or granting some other form of subsidy to building associations or others, as in Austria, Belgium, France, Germany, Italy, Hungary, Roumania, Spain, Switzerland, Australia, and New Zealand. It should be noted that classed under the loans of public funds are the loans which have been made of the funds of the State...
Page 25 - ... European and Australian countries, a work so important that it has already called for no less than ten international housing congresses. The activities of foreign official authorities in the aid of housing have grown out of the conviction that private initiative is inadequate to deal with the housing problem and that systematic government regulation, encouragement, and financial aid must be given.