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The Act amended the charter of Fannie Mae and Freddie Mac to reflect Congress ' view that the GSEs "... have an affirmative obligation to facilitate the financing of affordable housing for low-and moderate-income families in a manner consistent with their overall public purposes, while maintaining a strong financial condition and a reasonable economic return ;" For the first time, the GSEs were required to meet " affordable housing goals " set annually by the Department of Housing and Urban Development ( HUD ) and approved by Congress.
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Act and amended
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With the aid of matching federal funds available under Section 701 of the Housing Act of 1954 as amended, the planning division began a one year program July 1, 1960 to complete the inventory phase of the state planning program.
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In order to assist the States in maintaining basic vocational rehabilitation services, Section 2 of the amended Act provides that allotments to States for support of such services be based on ( 1 ) need, as measured by a State's population, and ( 2 ) fiscal capacity, as measured by its per capita income.
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The latest major change in this program was introduced by the National Defense Education Act of 1958, Title 8, of which amended the George-Barden Act.
Title IV of the ADA amended the landmark Communications Act of 1934 primarily by adding section.
In May 1860 a significantly amended version of the Act was passed in both houses but was vetoed by President Buchanan.
The Criminal Law ( Amendment ) Act of 1950 amended an Act of 1885 to bring prostitutes within the law and safeguard them from abduction and abuse.
Organised worship in England for those whose beliefs anticipated those of Christadelphians only truly became possible in 1779 when the Act of Toleration 1689 was amended to permit denial of the Trinity, and only fully when property penalties were removed in the Doctrine of the Trinity Act 1813.
When Stanford was Governor of California, the Legislature passed on April 22, 1863, " An Act to Authorize the Board of Supervisors of the City and County of San Francisco to take and subscribe One Million Dollars to the Capital Stock of the Western Pacific Rail Road Company and the Central Pacific Rail Road Company of California and to provide for the payment of the same and other matters relating thereto " ( which was later amended by Section Five of the " Compromise Act " of April 4, 1864 ).
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Act and charter
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A result of these events was the Bubble Act, which forbade the creation of joint-stock companies without royal charter.
The remaining university and college were merged by Act of Parliament, 24 June 1904 ( the Victoria University of Manchester was established by royal charter 15 July 1903 ).
* Royal Ontario Museum, created in 1912 under the Royal Ontario Museum Act by the Province of Ontario, hence not created by a royal charter
The township adopted a charter in 1948 under the Home Rule Act.
Hopewell Township was incorporated by Royal charter on March 1, 1755, and incorporated by an Act of the New Jersey Legislature on February 21, 1798.
Bridgewater Township was originally created by Royal charter on April 4, 1749, from portions of the Northern precinct, and was incorporated as one of New Jersey's initial group of 104 townships by an Act of the New Jersey Legislature on February 21, 1798.
The inclusion of a charter of rights in the Constitution Act was a much-debated issue.
An Act of the West Virginia Legislature granting a charter to the City of Mullens was passed February 22, 1929.
In 1866, the college received its first charter, as well as university status, making it the final institution in Canada to receive a Royal Charter from London before the British North America Act, 1867 made education a provincial responsibility.
Traverse City is a home rule charter city under the Home Rule Cities Act, incorporated on May 18, 1895.
Brunel exists by virtue of a royal charter first granted in 1966 and it has the status of an exempt charity as defined by the Charities Act 2006.
The King's Bench adjudged the charter and franchises of the city of London to be forfeited to the Crown though this judgment was reversed by the London, Quo Warranto Judgment Reversed Act 1689 shortly after the Glorious Revolution.
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Charles I, owing to the increasing commercial prosperity of the town, reincorporated it under a mayor and aldermen, and this charter, except for a temporary surrender under James II, continued to be the governing charter of the corporation until the Municipal Corporations Act 1835.
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Act and Fannie
Coffee and Julius J. Epstein from the Fannie Hurst novel Sister Act, and was directed by Michael Curtiz.
* October 1992 – The Housing and Community Development Act of 1992 codifies within its language the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 that creates the Office of Federal Housing Enterprise Oversight, and mandates HUD to set goals for lower income and underserved housing areas for the GSEs Fannie Mae and Freddie Mac
As part of the Housing and Urban Development Act of 1968, Congress partitioned Fannie Mae into two entities:
The Federal National Mortgage Association ( FNMA ), colloquially known as Fannie Mae, was established in 1938 by amendments to the National Housing Act after the Great Depression as part of Franklin Delano Roosevelt's New Deal.
In 1954, an amendment known as the Federal National Mortgage Association Charter Act made Fannie Mae into " mixed-ownership corporation " meaning that federal government held the preferred stock while private investors held the common stock ; in 1968 it converted to a privately held corporation, to remove its activity and debt from the federal budget.
In the 1968 change, arising from the Housing and Urban Development Act of 1968, Fannie Mae's predecessor ( also called Fannie Mae ) was split into the current Fannie Mae and the Government National Mortgage Association (" Ginnie Mae ").
As part of the Housing and Urban Development Act of 1968, Fannie Mae was split into the current Fannie Mae and Ginnie Mae to support the FHA-insured mortgages, as well as Veterans Administration ( VA ) and Farmers Home Administration ( FmHA ) insured mortgages, with the full faith and credit of the United States government.
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