End Sought To FHA Lid On Interest End Sought To FHA Lid On Interest
Washington AP The Johnson administration plans to recommend raising the FHA loan interest ceiling while Rep Wright Patman urged reconsideration. The FHA rate now sits at 6 percent plus a 4 percent insurance premium, with points often increasing overall cost. Senate Banking Committee backed a bill to remove the ceiling and let the housing secretary set rates. Federal housing officials have supported the change.
MENTIONED IN THIS ARTICLE
Washington
Johnson Administration
Congress
Wright Patman
Dtex
House Banking Committee
Robert C. Weaver
Senate Banking Committee
Udall Drops Opposition To Disney Plan
Announced by Agri culture Secretary Freeman a 35 million dollar recreation complex is planned at Mineral King in Sequoia National Forest California by Walt Disney Productions. The project includes roads costing 20 million and will face erosion, pollution, and sequoia concerns but aims to preserve esthetic values while offering ski runs swimming camping and trails. The California Highway system will build a two lane limited access route funded by the state.
MENTIONED IN THIS ARTICLE
Washington
Agriculture
Orville L . Freeman
Mineral King
Calif
Walt Disney Productions
Los Angeles
Sequoia National Forest
California
High Sierra
Interior
Stewart L. Udall
Sequoia National Park
Udall
Freeman
California Division of Highways
State of California
National Forest
Asst
John A. Baker
Disney
Japanese Emperor's Pay Hiked 23.5 Percent in Budget
Tokyo reports government plans to raise the annual living allowance for Emperor Hirohito and family to 233,333 dollars, up from 188,889, with Parliament needed for approval. The Imperial Household Agency cites higher commodity prices and includes Empress Nagako Crown Prince Akihito his wife and two children. The plan also increases pensions for three Hirohito brothers and a widow to 222,000 dollars a year, a 1p percent rise.
MENTIONED IN THIS ARTICLE
Tokyo
Hirohito
Empress Nagako
Akihito
Imperial Household Agency
Hiruoho
Also Mentioned on This Page
Patman
AJ Bayless
Food Club
TNCT
APPLE
KSL
U.S.D.A
Bayless
U.S.C
Wieners
Tucson
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