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The Times Herald Record in Middletown, New York

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Newspaper

The Times Herald Record

Location

Middletown, New York, United States of America

Date

Jun 06, 1971

Page

24

Housing subsidy push raises tax cost concerns

Washington reports that the head of the U S Savings and Loan League argues the 600000 annual subsidized housing units target may require several billion dollars in tax money, calling subsidies a temporary fix while warning rising land and construction costs could outpace incomes in the 1970s.

Washington UPI Savings and Loan Associations Lewis S. Eaton U.S. Savings and Loan League Congress Department of Housing and Urban Development Farmers Home Administration Eugene A. Gulledge Federal Housing Administration Eaton Fresno Guarantee Savings and Loan Association Fresno Calif Weiod

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