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Private Builders Need Lures To Provide Defense Housing
AEC struggles to supply housing at its Savannah River and Paducah sites show private builders require government housing incentives. Existing measures, including relaxed credits and a $350 million FNMA reserve, failed to spur private construction. The Senate plan aims to supply about half the estimated 50,000 defense housing units with a $1.5 billion program.
MENTIONED IN THIS ARTICLE
Peter Edson
NEA
Washington
Atomic Energy Commission
Aiken
S. C
Paducah
Congress
AEC
Los Alamos
New Mexico
Richland
Hanford
Wash
Oak Ridge
Tenn
South Carolina
Kentucky
First Housing and Home Finance Agency
Raymond M. Foley
Savannah River
Federal National Mortgage Assn
FNMA
Augusta
McGraw Company
General Contractors
American Trailer Coach Associa
Tion
DuPont Company
Senator Sparkman
Alabama
Foley
William J. Levitt
New York
House of Representatives