Abstract:
Letter from William Nicoson to Leonard Gordon, Director, Application Review Division, Office of New Communities Development, Department of Housing and Urban Development, October 6, 1972. This installment consists of Section 2-9 (Negotiation of Project Agreement), Section 2-10 (Negotiation of Trust Indenture), and Section 2-11 (Sale and Issuance of Debt Obligations). Master copy is included but only insignificant portions of the HUD draft survive so Nicoson recommends a full text review. Nicoson admits to ignoring pending legislation from Congress which would establish a Federal Financing Bank, which if passed, would require major revisions of Section 2-11. Planned Community Archives Collection, 420.01.
Description:
Letter and Handbook Excerpt: photocopied signature, 11" x 8.5" (29.7 cm x 21.6 cm), some pencil marks are evident