Southeast Hurricane Disaster (Hurricane Betsy): Hearing Before the Committee on Public Works, House of Representatives, Eighty-ninth Congress, First Session, on H.R. 11539, and Similar Bills, Washington, D.C., October 13, 1965Committee Serial No. 89-21. Considers H.R. 11539, to provide assistance to Florida, Louisiana and Mississippi to repair damage from Hurricane Betsy. |
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Page 1
... privately owned school , college , or university without regard to whether the required finan- cial assistance is otherwise available from private sources , and may waive interest payments and defer principal payments on such a loan for ...
... privately owned school , college , or university without regard to whether the required finan- cial assistance is otherwise available from private sources , and may waive interest payments and defer principal payments on such a loan for ...
Page 2
... private sources . SEC . 5. The Secretary of Housing and Urban Development shall undertake an immediate study of alternative programs which could be established to help provide financial assistance to those suffering property losses in ...
... private sources . SEC . 5. The Secretary of Housing and Urban Development shall undertake an immediate study of alternative programs which could be established to help provide financial assistance to those suffering property losses in ...
Page 5
... private schools and colleges is not adequate . This bill moves into those areas where present relief and assistance is inadequate , and provides additional financial help . Not ... private commercial sources SOUTHEAST HURRICANE DISASTER 5.
... private schools and colleges is not adequate . This bill moves into those areas where present relief and assistance is inadequate , and provides additional financial help . Not ... private commercial sources SOUTHEAST HURRICANE DISASTER 5.
Page 6
... private commercial sources . This provision also applies to uninsured losses . For parochial and private elementary and secondary schools , and for colleges and universities : They may obtain from the Small Business Administration ...
... private commercial sources . This provision also applies to uninsured losses . For parochial and private elementary and secondary schools , and for colleges and universities : They may obtain from the Small Business Administration ...
Page 20
... private sources . " Let me tell you why : It is a question of administration on the one hand and a question of law on the other . Under the Small Business Administration Act , whether or not outside or private financial arrangements can ...
... private sources . " Let me tell you why : It is a question of administration on the one hand and a question of law on the other . Under the Small Business Administration Act , whether or not outside or private financial arrangements can ...
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Common terms and phrases
$70 million amended appropriation areas assistance is otherwise authority available from private Baton Rouge bill BOGGS borrower's option CLEVELAND committee CONGRES HE LIBRARY CONGRESS LIBRARY CONGRESS THE LIBRARY Congressman CRAMER DAVIS disaster relief DRYDEN earthquake earthquake insurance emergency loans enacted estimate exceed existing law Farmers Home Administration Federal disaster insurance Federal Government flood insurance Florida forgiveness FROST HALE BOGGS hearings Hébert high waters homeowners Housing and Home Hurricane Audrey Hurricane Betsy Hurricane Hilda insurance or otherwise interest waiver JONES KUNKEL language legislation LIBRARY OF CONGRES LIBRARY OF CONGRESS limitation loan cancellations loan in excess loss or damage Mississippi natural disasters Orleans otherwise available payments percent present law private sources privately owned schools problem question Red Cross required financial assistance RESS result of Hurricane revolving fund Senator Long Small Business Administration STAATS statement SWEENEY Thank tion WILLIS wind-driven water
Popular passages
Page 36 - An Act to authorize Federal assistance to States and local governments in major disasters, and for other purposes...
Page 20 - ... for the repair, rehabilitation, or replacement of property damaged or destroyed, without regard to whether the required financial assistance is otherwise available from private sources...
Page 36 - In the administration of the disaster loan program under section 7 (b) (1) of the Small Business Act, as amended (15 USC 636(b) ), in the case of property loss or damage in...
Page 23 - CONGRESS, EIGHTH DISTRICT OP LOUISIANA Mr. Chairman, I would like to express to you and the members of this committee my sincere thanks and appreciation for the positive action that you are taking to establish legislation that will aid reconstruction of areas damaged by Hurricane Betsy. Relief legislation is the only avenue available to a great number of people in my State and district. Much of the loss sustained was uninsurable and unsalvagable. A large number of persons are homeless, and many are...
Page 21 - ... without regard to whether the required financial assistance is otherwise available from private sources, and may waive interest payments and defer principal payments on such a loan for the first 3 years of the term of the loan.
Page 6 - major disaster" as defined in section 2(a) of the Act of September 30, 1950 (42 USC 1855a(a)), the Small Business Administration, to the extent such loss or damage Is not compensated for by Insurance or otherwise...
Page 2 - Development shall undertake an immediate study of alternative programs which could be established to help provide financial assistance to those suffering property losses in flood and other natural disasters...
Page 45 - CRAMER. $70 million is the protective maximum amount? Mr. STAATS. We would so regard it. Mr. CRAMER. To reduce it to $50 million, for instance, you would run a risk of not being able to fully carry out the purposes? Mr. STAATS. That is correct. Mr. CRAMER. You recommend $70 million? Mr. STAATS. Yes, sir. As a maximum, yes, sir. Mr. GRAY. Any other questions or comments? If not, thank you very much, Mr. Staats and your assistant. The next witness will be Mr. Ross B. Davis, Executive Administrator,...
Page 36 - Administration — [ ( 1 ) to the extent such loss or damage is not compensated for by insurance or otherwise, (A) shall at the borrower's option on that part of any loan in excess of $500...
Page 1 - Administration, to the extent such loss or damage is not compensated for by insurance or otherwise, may lend to a privately owned college or university without regard to whether the required financial assistance is otherwise available...