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to the
appropriate
role of the Federal government
in such enterprises,
including making available credit and loans.
Other alternatives
should be considered
including:
I
,.
---estil.blishment
of state and federal development
corp-.
orations to solve some of the more
-
to FHA functions,
derive
Associa
responsibility
in the Association's
Secretary
respect
to the FNMAwill
basic
Mortgage
Credit
his
line
from his
as one of the members of the Association's
He will
the
for Mortgage
operations
entity
- and local governments
and to encourage coordinated planning by state and local
governments. Authorized him to hold informal public •
hearings on federal and state development programs.
Directed the Secretary to encourage private enterprise to assume
- Finance Agency, .of the
25 Federal Housing Administration and the Public Housing
•'
'
.
•
5
1 Administration in that agency, and of the heads and other
2
o~cers and offic_esof said agencies.
3
(b) The Federal National Mortgage Association, to-
4
-
.._.
sectors
of_our society
and _with the invaluable
1
..'..·&f:--theUnited Nations Association
.
.-;
.
Thus it·pleases
.of that
and
me that
committee.
1
cooper~tion
waa an Urban Development Committee .
a fellow Texan is one or·the
cha1r:::en
-
...
<
.,
•. •.··•.• XNDUSTRYJ\lm !'BB FEDERAL' GOWRNMEN'l'aw BROUGHT
'
•
• ADOUT 'l'HXSt YEAR
Is
RF.MAlU(ABLEACHIEVEMENTS 'l'OWARD.'J.'BE.
•.•.
SOLUTION OF OU1\ B0USINO AND COMMUNITY PROBLEMS.
..
•
• 1,'
'4•
.'
I
•
YOUR. NATIONAL E0t1SINO ASSOCIATION TO OUR LEGISLA'l'IVB