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Housing Bill Sent To Senate
The Senate Banking Committee trimmed the housing bill to 1.3815 billion dollars, cutting 290 million from direct veteran loans and a farm housing fund while preserving grants for urban renewal, elder housing, and FHA insurance. The proposal faces presidential veto risk as administration opposed the dormitory loan expansion and broader housing programs.
MENTIONED IN THIS ARTICLE
Washington
Senate Banking Committee
Senate
Eisenhower
Iemis
House
Congress
Senate Committee
Federal National Mortgage Assn
FHA
Federal Housing Administration