on Banking Housing and Urban Affairs
on Housing and Urban
BANKING, HOUSING AND URBAN AFFAIRS
UNITED STATES SENATE
NINETY-FOURTH CONGRESS
TO PROVIDE, ON A DEMONSTRATION BASIS, EMERGENCY
RELIEF FOR THE GENERAL WELFARE AND SECURITY OF THE
UNITED STATES BY PREVENTING THE LOSS OF EXISTING
HOUSING UNITS THROUGH THE PHENOMENON OF HOUSING
ABANDONMENT, TO PROTECT THE HEALTH AND LIVING
STANDARDS IN COMMUNITIES AND NEIGHBORHOODS
THREATENED BY ABANDONMENT, TO PROTECT THE INTER-
ESTS OF THE UNITED STATES IN CONNECTION WITH CERTAIN
MORTGAGE TRANSACTIONS, TO ASSIST LOCAL PUBLIC BODIES
IN THE DEVELOPMENT AND REDEVELOPMENT OF WELL-
PLANNED, INTEGRATED, RESIDENTIAL NEIGHBORHOODS AND
IN THE DEVELOPMENT AND REDEVELOPMENT OF COM-
MUNITIES, AND FOR OTHER PURPOSES