Word: payment
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...Liens against tenants' belongings for non-payment of rent...
Blast from HUD. Though the bonds would have to be guaranteed by the Government, Percy also provides for an investment from the owner. He calls it a "sweat equity" in which prospective homeowners can throw in their own labor to reduce their monthly mortgage payments. Under the Percy Plan, if a homeowner should rise above a middle-income level of $6,000 a year, he would subsequently contribute a commensurately greater portion of his monthly mortgage payment to the federation's revolving fund...
...that they will now concentrate on community action, and wistfully speak of a coalition of the universities and the poor-but that will not work either. The poor are not radical. What they really want to be is middleclass, and once they buy a car and make a down payment on a house, they will ignore the New Left and stick with their unions or political parties...
...enjoy unfair advantages. The Long Act, named for Senate Finance Chairman Russell Long, sought to solve the problem in a deceptively simple manner. Basically, it allowed each taxpayer to check a box on his federal income tax return allotting $1 (on joint returns, $2) of his tax payment for presidential campaigns. The taxpayer could not denote what party or what candidate he wanted to receive his money. The fund would total about $60 million if everyone marked...
Ambitious though the goal may seem, piggyback mortgaging has already caught on in Canada, where Central Covenants, Ltd., formed on the initiative of Alcan Aluminium, Ltd., has arranged low-down-payment loans on some 7,000 homes since mid-1964. In the U.S., Weyerhaeuser and General