Builders oppose federal funding for state and metro agencies
John A. Stastny of Chicago, president of the National Association of Home Builders, told the Senate subcommittee that a proposal to fund state and metropolitan development agencies would foster unfair competition with private builders. He urged emergency action to hold FHA-VA mortgage rates and higher GNMA purchase ceilings, while supporting streamlined housing laws and removing FHA mortgage limits for unsubsidized housing.
MENTIONED IN THIS ARTICLE
John A. Stastny
Chicago
National Association ‘of Home Builders
Senate Banking Housing and Urban Affairs
Stastny
House
National Mortgage Association
GNMA
HUD
Home Building Boom Drives Maricopa County Growth
Maricopa County's home building industry shows an unprecedented boom with housing starts up sharply. The Homebuilders Association of Central Arizona notes a 93.5 percent rise in the first half of 1971 versus 1970, with expectations of over 35,000 residential permits by year end. Developers and lenders praise credit loosening and strong economic outlook fueling the surge.
MENTIONED IN THIS ARTICLE
Maricopa County
Homebuilders Association of
Central Arizona
George Steinhilber
Mortgage Loan Department
Continental Bank
Scottsdale
Dick Saggan
Foothills Development Co
Saggau
Foothills Ranches
Sweetwater Roads
Saggan
Dick Curtis
Lou Gephart
Hanson's Inc
Phoenix
Gephart
Arizona
Maricopaty
The
Homie, Builders Association
Cellal Arizona
Preston Martin
Federal Home Loan Bank Board
Miles Li. Colean
Mortgage ‘Bankers’ “Association
Colean
Federal Home Loan Re Board
Thera
Martin
Federal Home Loan Mortgage Corp
Savings and Loan
Costs Drive Shortage as New Homes Struggle to Sell
Everett C. Spellman of the Mortgage Bankers Association warns soaring construction costs widen the gap between housing need and demand. Government officials project 2 million housing starts in 1971, risking overhang and rising foreclosures unless costs ease.
MENTIONED IN THIS ARTICLE
Spellman
Mbgua
Logging halt urged near Redwood National Park by Sierra Club
Interior Secretary Rogers B. Morton was asked to halt logging near Redwood National Park California. Sierra Club officials urged action against Arcata National Corp Georgia Pacific Corp and Simpson Timber Co for alleged clearcutting threatening the area adjacent to the park. Dr Edgar Wayburn said Morton received a petition during the club's wilderness conference.
MENTIONED IN THIS ARTICLE
Simpson Timber Co
Wayburn
Sierra Club
Morton
Redwood Creek
Prairie Creek Redwood State Park
Arcata National
Skunk Cabbage Creek
Anga
Also Mentioned on This Page
Art Kaufman
Continental Country Club
Flagstaff
Continental Homes of
Scottsdale Daily Progress
Kay Gerych
Post.Realty
Paul Brown
Mr. Fletcher
Reagan
Jonathan Varshall
Yizona
Geottsdale
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