naacp-ms508-0210021-099 |
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And on the other hand, inflation dangerously compounds the housing
shortage. Inflation draws investments away from mortgages, with their
fixed long-term rate of return, into more attractive equities. Rising
interest rates reduce the impact of Federal subsidies for low-income housing.
And some needed anti-inflationary steps -- high interest rates and tight
money -- hit housing harder than any other industry, and months ago reached
counter-productive levels in curbing inflation.
Inflation and the credit crunch are much worse than in any period
since World War II. Housing is bearing far more than its share of the burden
of fighting inflation.
This Administration is working vigorously to combat and overcome both
the crisis of inflation and the crisis in housing. Our efforts on behalf
of housing have exceeded anything done in comparable past periods.
Despite the worst credit crunch in modern times -- and unlike previous
tight money periods --we were able to keep enough capital flowing into the
mortgage market in 1969 to sustain housing production at about the same
level as 1968.
In addition, through vigorous implementation of housing assistance
programs, we broke every record for housing construction for low- and
moderate-income families. 1969 subsidized housing production for these
families was up 13 percent over the previous all-time record set in 1968.
But these efforts were not enough, and the chief question facing all
of us is how we move from where we are today to reach our housing goal.
Object Description
| Title | Model Neighborhood plan |
| Series | Series 2, NAACP, Charlotte |
| Subseries | Subseries 5, Programs |
| Sub-subseries | Sub-subseries 1, Housing and Urban Development |
| Digital Collection | Kelly Alexander, Sr. papers concerning the NAACP, 1948-1998 |
| Creator | Alexander, Kelly M. |
| Date Created | 1970-1971 |
| Series Description | This series contains material related to the work of the NAACP in Charlotte, North Carolina and the Alexander family's involvement in the organization over the course of several decades. There is a wide variety of topics covered in the documents, including voting discrimination; the Freedom Fund; Youth Council activities; and correspondence with notable figures throughout the Charlotte area, including Alfred Alexander and Julius Chambers. |
| Collection Description | This collection documents the activities of the National Association for the Advancement of Colored People (NAACP), with an emphasis on the work and correspondence of Kelly Alexander, Sr. and his sons Kelly Alexander, Jr. and Alfred Alexander in Charlotte, North Carolina. The collection contains minutes, correspondence, reports, speeches, press releases, membership records, and a few photographs. Topics covered include school segregation, housing and employment discrimination, police misconduct, and the Charlotte Area Fund. |
| Subjects--Names |
Alexander, Kelly M. Alexander, Kelly M., Jr., 1948- Alexander, Alfred L., 1952- |
| Subjects--Organizations |
National Association for the Advancement of Colored People National Association for the Advancement of Colored People. Charlotte Branch. |
| Subjects--Topics |
African Americans--North Carolina--Charlotte African Americans--Civil rights--North Carolina African Americans--Political activity--North Carolina--Charlotte Civil rights movements--North Carolina--Charlotte Civil rights workers--North Carolina--Charlotte African Americans--Housing--North Carolina--Charlotte Racism--Political aspects--North Carolina--Charlotte Race discrimination--North Carolina--Charlotte Police brutality--North Carolina--Charlotte Police misconduct--North Carolina--Charlotte |
| Subjects--Locations |
Charlotte (N.C.)--Race relations--History--20th century Charlotte (N.C.)--Politics and government--20th century |
| Coverage--Place |
Charlotte (N.C.) Mecklenburg County (N.C.) |
| Box Number | 10 |
| Folder Number | 21 |
| Language | eng |
| Object Type | Text |
| Digital Format | Displayed as .jp2, uploaded as .tif |
| Genre | manuscripts (document genre) |
| Finding Aid | https://findingaids.uncc.edu/repositories/4/resources/701 |
| Original Collection | Kelly Alexander, Sr. papers concerning the NAACP |
| Digital Collection Home Page | http://digitalcollections.uncc.edu/cdm/landingpage/collection/p16033coll20 |
| Repository | J. Murrey Atkins Library Special Collections (University of North Carolina at Charlotte) |
| Digital Publisher | J. Murrey Atkins Library Special Collections (University of North Carolina at Charlotte) |
| Rights | These materials are made available for use in research, teaching and private study. The digital reproductions have been made available through an evaluation of public domain status, permissions from the rights' holders, and authorization under the law including fair use as codified in 17 U.S.C. section 107. Although these materials are publicly accessible for these limited purposes, they may not all be in the public domain. Users are responsible for determining if permission for re-use is necessary and for obtaining such permission. Individuals who have concerns about online access to specific content should contact J. Murrey Atkins Library. |
| Location of Original | J. Murrey Atkins Library Special Collections (University of North Carolina at Charlotte) |
| Grant Information | Digitization made possible by funding from the federal Institute of Museum and Library Services (IMLS) under the provisions of the Library Services and Technology Act as administered by the State Library of North Carolina, a division of the Department of Cultural Resources. |
| Identifier | naacp-ms508-0210021 |
| Date Digitized | 2016-03-07 |
| Rating |
Description
| Title | naacp-ms508-0210021-099 |
| OCR Transcript | And on the other hand, inflation dangerously compounds the housing shortage. Inflation draws investments away from mortgages, with their fixed long-term rate of return, into more attractive equities. Rising interest rates reduce the impact of Federal subsidies for low-income housing. And some needed anti-inflationary steps -- high interest rates and tight money -- hit housing harder than any other industry, and months ago reached counter-productive levels in curbing inflation. Inflation and the credit crunch are much worse than in any period since World War II. Housing is bearing far more than its share of the burden of fighting inflation. This Administration is working vigorously to combat and overcome both the crisis of inflation and the crisis in housing. Our efforts on behalf of housing have exceeded anything done in comparable past periods. Despite the worst credit crunch in modern times -- and unlike previous tight money periods --we were able to keep enough capital flowing into the mortgage market in 1969 to sustain housing production at about the same level as 1968. In addition, through vigorous implementation of housing assistance programs, we broke every record for housing construction for low- and moderate-income families. 1969 subsidized housing production for these families was up 13 percent over the previous all-time record set in 1968. But these efforts were not enough, and the chief question facing all of us is how we move from where we are today to reach our housing goal. |
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