[Congressional Record Volume 141, Number 83 (Thursday, May 18, 1995)]
[Senate]
[Pages S6942-S6944]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


   CHELSEA NEIGHBORHOOD HOUSING SERVICES, INC., AND CITIZENS BANK OF 
                             MASSACHUSETTS

 Mr. KERRY. Mr. President, I rise to commend Chelsea 
Neighborhood Housing Services, Inc. [CNHS], and Citizens Bank of 
Massachusetts [Citizens], which were nationally recognized for their 
exceptional partnership achievements by the Social Compact in its 1995 
Outstanding Community Investment Awards Program Tuesday night. 
Together, CNHS and Citizens have developed a unique pilot program that 
helps former low-income renters become homeowners and building 
managers. The two organizations have designed this successful program 
specifically to meet the needs of low-income residents in Chelsea, MA.
  Chelsea, historically a city of immigrants, has a population that 
often is the last hired and the first fired. Consequently, when the 
State of Massachusetts experienced a severe economic downturn in the 
early 1990's, Chelsea's residents were greatly affected. This 
population, with a per capita income of less than $8,600, is unable to 
accumulate savings for downpayments or closing costs for home 
purchases, even when working overtime or holding two jobs. 
Nevertheless, despite the problems, many residents are determined to 
stay in Chelsea and buy their own homes.
  Citizens--formerly known as Boston Five--originally approached CNHS 
to discuss a collaboration because it wanted to increase loans in 
Chelsea and create a successful program that could be replicated in 
other cities. When CNHS and Citizens designed rent-to-own, they 
carefully considered the needs of Chelsea residents. They recognized 
that additional financial assistance would be needed for first-time 
homehbuyers in order for them to have downpayments and meet closing 
cost requirements. Triple-decker properties, three-story buildings with 
a two-bedroom apartment on the ground floor and two three-bedroom 
apartments upstairs, provided part of the answer. The income from 
rental units helps decrease the barrier to homeownership. To qualify 
for the program, the potential managers/buyers must commit to a 3-year 
program that requires them to attend monthly training sessions and 
learn how to be good landlords. In return for their work and training, 
they receive 100 points a month and are docked if absent from training 
or if they do not fulfill management responsibilities. At the end of 
each year, the points earned are converted to a maximum of $1,200 and 
deposited to an escrow account at Citizens Bank. After 2 years, the 
account's balance--potentially $2,400--is considered the manager/
buyer's cash downpayment toward the average purchase price of $120,000 
for his or her home. [[Page S6943]] 
  CNHS piloted the program in one of the poorest neighborhoods in the 
city. With initial financial assistance from Citizens and further 
assistance from the Neighborhood Reinvestment Corporation, a State 
grant from the corpus of the Federal community development block grant 
to Massachusetts, Neighborhood Housing Services of America, and the 
State Executive Office of Communities and Development, CNHS bought a 
vacant and vandalized condominium and converted the early 20th-century 
building into four triple-deckers now called Garden Apartments I.
  The commitment of Citizens to the rent-to-own project is impressive. 
Over 150 hours of staff time was logged to develop and shape a program 
that would fit the needs of both clients and sponsoring institutions. 
Additionally, Citizens' senior staff worked with CHHS to gain approval 
of the program for Fannie Mae's secondary market.
  Since the first days of occupancy, the rent-to-own project has been 
self-sufficient. The residents keep the building immaculate, so its 
presence visibly improves the entire neighborhood. Both partners are 
pleased--Citizens is achieving its original mission, the development of 
a model program that can be expanded and adapted in other cities, and 
CNHS has a program that serves its special constituency. They are now 
acquiring one building a month, and 50 percent of those will be rent-
to-own units.
  On behalf of the Commonwealth of Massachusetts, I commend Chelsea 
Neighborhood Housing Services and Citizens Bank for their distinguished 
cooperation and success, and suggest that their model be considered for 
replication throughout the country.
                H_______________________________________


                        FOREIGN CURRENCY REPORTS

  In accordance with the appropriate provisions of law, the Secretary 
of the Senate herewith submits the following report(s) of standing 
committees of the Senate, certain joint committees of the Congress, 
delegations and groups, and select and special committees of the 
Senate, relating to expenses incurred in the performance of authorized 
foreign travel:

   CONSOLIDATED REPORT OF EXPENDITURE OF FOREIGN CURRENCIES AND APPROPRIATED FUNDS FOR FOREIGN TRAVEL BY MEMBERS AND EMPLOYEES OF THE U.S. SENATE, UNDER AUTHORITY OF SEC. 22, P.L. 95-384-22   
                                                       U.S.C. 1754(b), COMMITTEE ON APPROPRIATIONS FOR TRAVEL FROM JAN. 1 TO MAR. 31, 1995                                                      
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  Per diem               Transportation             Miscellaneous                 Total         
                                                                                         -------------------------------------------------------------------------------------------------------
                                                                                                       U.S. dollar               U.S. dollar               U.S. dollar               U.S. dollar
                     Name and country                             Name of currency          Foreign     equivalent    Foreign     equivalent    Foreign     equivalent    Foreign     equivalent
                                                                                            currency     or U.S.      currency     or U.S.      currency     or U.S.      currency     or U.S.  
                                                                                                         currency                  currency                  currency                  currency 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Senator Patrick Leahy.....................................                                                                                                                                      
    Haiti.................................................  Gourde......................      1,896.5       150.00  ...........  ...........  ...........  ...........      1,896.5       150.00
William N. Witting........................................                                                                                                                                      
    Haiti.................................................  Gourde......................      1,896.5       150.00  ...........  ...........  ...........  ...........      1,896.5       150.00
                                                                                         -------------------------------------------------------------------------------------------------------
      Total...............................................  ............................  ...........       300.00  ...........  ...........  ...........  ...........  ...........       300.00
MARK O. HATFIELD,                                                                                                                                                                               
Chairman, Committee on Appropriations, May 1, 1995.                                                                                                                                             
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   CONSOLIDATED REPORT OF EXPENDITURE OF FOREIGN CURRENCIES AND APPROPRIATED FUNDS FOR FOREIGN TRAVEL BY MEMBERS AND EMPLOYEES OF THE U.S. SENATE, UNDER AUTHORITY OF SEC. 22, P.L. 95-384--22  
                                                       U.S.C. 1754(b), COMMITTEE ON APPROPRIATIONS FOR TRAVEL FROM OCT. 1 TO DEC. 31, 1994                                                      
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  Per diem               Transportation             Miscellaneous                 Total         
                                                                                         -------------------------------------------------------------------------------------------------------
                                                                                                       U.S. dollar               U.S. dollar               U.S. dollar               U.S. dollar
                     Name and country                             Name of currency          Foreign     equivalent    Foreign     equivalent    Foreign     equivalent    Foreign     equivalent
                                                                                            currency     or U.S.      currency     or U.S.      currency     or U.S.      currency     or U.S.  
                                                                                                         currency                  currency                  currency                  currency 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Senator Barbara A. Mikulski...............................                                                                                                                                      
    Vietnam...............................................  Dollar......................  ...........       289.88  ...........  ...........  ...........       103.56  ...........       393.44
    Thailand..............................................  Dollar......................  ...........       415.42  ...........  ...........  ...........       313.31  ...........       728.73
    Hong Kong.............................................  Dollar......................  ...........       691.53  ...........  ...........  ...........       609.42  ...........     1,300.95
    France................................................  Dollar......................  ...........        50.00  ...........  ...........  ...........        65.21  ...........       115.21
    China.................................................  Dollar......................  ...........       444.67  ...........  ...........  ...........       233.33  ...........       678.00
    Malaysia..............................................  Dollar......................  ...........       711.48  ...........  ...........  ...........       470.00  ...........     1,181.48
Richard L. Collins........................................                                                                                                                                      
    China.................................................  Yuan........................     6,386.80       747.00  ...........  ...........  ...........  ...........     6,386.80       747.00
    Philippines...........................................  Peso........................     2,982.50       125.00  ...........  ...........  ...........  ...........     2,982.50       125.00
    Korea.................................................  Won.........................      242,400       303.00  ...........  ...........  ...........  ...........      242,400       303.00
    United States.........................................  Dollar......................  ...........  ...........  ...........     1,229.45  ...........  ...........  ...........     1,229.45
                                                                                         -------------------------------------------------------------------------------------------------------
      Total...............................................  ............................  ...........     3,777.98  ...........     1,229.45  ...........     1,794.83  ...........     6,802.26
ROBERT C. BYRD,                                                                                                                                                                                 
Chairman, Committee on Appropriations, Apr. 7, 1995.                                                                                                                                            
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   CONSOLIDATED REPORT OF EXPENDITURE OF FOREIGN CURRENCIES AND APPROPRIATED FUNDS FOR FOREIGN TRAVEL BY MEMBERS AND EMPLOYEES OF THE U.S. SENATE, UNDER AUTHORITY OF SEC. 22, P.L. 95-384--22  
                                                       U.S.C. 1754(b), COMMITTEE ON ARMED SERVICES FOR TRAVEL FROM JAN. 1 TO MAR. 31, 1995                                                      
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  Per diem               Transportation             Miscellaneous                 Total         
                                                                                         -------------------------------------------------------------------------------------------------------
                                                                                                       U.S. dollar               U.S. dollar               U.S. dollar               U.S. dollar
                     Name and country                             Name of currency          Foreign     equivalent    Foreign     equivalent    Foreign     equivalent    Foreign     equivalent
                                                                                            currency     or U.S.      currency     or U.S.      currency     or U.S.      currency     or U.S.  
                                                                                                         currency                  currency                  currency                  currency 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Richard D. DeBobes........................................                                                                                                                                      
    Belgium...............................................  Franc.......................        7,720       266.39  ...........  ...........  ...........  ...........        7,720       266.39
    England...............................................  Pound.......................        213.5       339.64  ...........  ...........  ...........  ...........        213.5       339.64
John Douglass.............................................                                                                                                                                      
    Belgium...............................................  Franc.......................        7,600       252.08  ...........  ...........  ...........  ...........        7,600       252.08
    England...............................................  Pound.......................        168.5       283.08  ...........  ...........  ...........  ...........        168.5       283.08
    Germany...............................................  Mark........................       297.90       204.03  ...........  ...........  ...........  ...........       297.90       204.03
Senator John S. McCain....................................                                                                                                                                      
    Germany...............................................  Mark........................       375.44       247.00  ...........  ...........  ...........  ...........       375.44       247.00
Senator William S. Cohen..................................                                                                                                                                      
    Germany...............................................  Mark........................       427.79       282.00  ...........  ...........  ...........  ...........       427.79       282.00
Senator Sam Nunn..........................................                                                                                                                                      
    Belgium...............................................  Franc.......................        9,040       299.82  ...........  ...........  ...........  ...........        9,040       299.82
    England...............................................  Pound.......................          126       211.68  ...........  ...........  ...........  ...........          126       211.68
    Germany...............................................  Mark........................          175       119.87  ...........  ...........  ...........  ...........          175       119.87
Senator John Glenn........................................                                                                                                                                      
    Germany...............................................  Mark........................       423.80       279.36  ...........  ...........  ...........  ...........       423.80       279.36
Senator Joseph I. Lieberman...............................                                                                                                                                      
    Germany...............................................  Mark........................       451.44       297.00  ...........  ...........  ...........  ...........       451.44       297.00
James M. Bodner...........................................                                                                                                                                      
[[Page S6944]]
                                                                                                                                                                                                
    Germany...............................................  Mark........................       426.45       281.20  ...........  ...........  ...........  ...........       426.45       281.20
Senator Sam Nunn..........................................                                                                                                                                      
    Haiti.................................................  Gourde......................        1,218        87.00  ...........  ...........  ...........  ...........        1,218        87.00
Richard D. DeBobes........................................                                                                                                                                      
    Haiti.................................................  Gourde......................        2,436       174.00  ...........  ...........  ...........  ...........        2,436       174.00
                                                            Dollar......................  ...........  ...........  ...........  ...........  ...........        25.00  ...........        25.00
                                                                                         -------------------------------------------------------------------------------------------------------
      Total...............................................  ............................  ...........     3,624.15  ...........  ...........  ...........        25.00  ...........     3,649.15
STROM THURMOND,                                                                                                                                                                                 
Chairman, Committee on Armed Services, May 8, 1995.                                                                                                                                             
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   CONSOLIDATED REPORT OF EXPENDITURE OF FOREIGN CURRENCIES AND APPROPRIATED FUNDS FOR FOREIGN TRAVEL BY MEMBERS AND EMPLOYEES OF THE U.S. SENATE, UNDER AUTHORITY OF SEC. 22, P.L. 95-384--22  
                                                          U.S.C. 1754(b), COMMITTEE ON FINANCE FOR TRAVEL FROM JAN. 1 TO MAR. 31, 1995                                                          
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  Per diem               Transportation             Miscellaneous                 Total         
                                                                                         -------------------------------------------------------------------------------------------------------
                                                                                                       U.S. dollar               U.S. dollar               U.S. dollar               U.S. dollar
                     Name and country                             Name of currency          Foreign     equivalent    Foreign     equivalent    Foreign     equivalent    Foreign     equivalent
                                                                                            currency     or U.S.      currency     or U.S.      currency     or U.S.      currency     or U.S.  
                                                                                                         currency                  currency                  currency                  currency 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Senator John D. Rockefeller IV............................                                                                                                                                      
    Japan.................................................  Yen.........................  ...........     1,534.00  ...........  ...........  ...........  ...........  ...........     1,534.00
    Taiwan................................................  Dollar......................  ...........       648.00  ...........  ...........  ...........  ...........  ...........       648.00
    United States.........................................  Dollar......................  ...........  ...........  ...........     5,359.95  ...........  ...........  ...........     5,359.95
Lane Bailey...............................................                                                                                                                                      
    Japan.................................................  Yen.........................  ...........     1,534.00  ...........  ...........  ...........  ...........  ...........     1,534.00
    Taiwan................................................  Dollar......................  ...........       648.00  ...........  ...........  ...........  ...........  ...........       648.00
    United States.........................................  Dollar......................  ...........  ...........  ...........     2,994.95  ...........  ...........  ...........     2,994.95
                                                                                         -------------------------------------------------------------------------------------------------------
      Total...............................................  ............................  ...........     4,364.00  ...........     8,354.90  ...........  ...........  ...........    12,718.90
BOB PACKWOOD,                                                                                                                                                                                   
Chairman, Committee on Finance, Apr. 28, 1995.                                                                                                                                                  
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   CONSOLIDATED REPORT OF EXPENDITURE OF FOREIGN CURRENCIES AND APPROPRIATED FUNDS FOR FOREIGN TRAVEL BY MEMBERS AND EMPLOYEES OF THE U.S. SENATE, UNDER AUTHORITY OF SEC. 22, P.L. 95-384--22  
                                                     U.S.C. 1754(b), COMMITTEE ON FOREIGN RELATIONS FOR TRAVEL FROM JAN. 1 TO MAR. 31, 1995                                                     
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  Per diem               Transportation             Miscellaneous                 Total         
                                                                                         -------------------------------------------------------------------------------------------------------
                                                                                                       U.S. dollar               U.S. dollar               U.S. dollar               U.S. dollar
                     Name and country                             Name of currency          Foreign     equivalent    Foreign     equivalent    Foreign     equivalent    Foreign     equivalent
                                                                                            currency     or U.S.      currency     or U.S.      currency     or U.S.      currency     or U.S.  
                                                                                                         currency                  currency                  currency                  currency 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Elizabeth De Moss.........................................                                                                                                                                      
    Costa Rica............................................  Colon.......................       71,514       415.18  ...........  ...........  ...........  ...........       71,514       415.18
                                                            Dollar......................  ...........        30.36  ...........  ...........  ...........  ...........  ...........        30.36
    United States.........................................  Dollar......................  ...........  ...........  ...........       605.00  ...........  ...........  ...........       605.00
Michael Haltzel...........................................                                                                                                                                      
    France................................................  Dollar......................  ...........     1,500.00  ...........  ...........  ...........  ...........  ...........     1,500.00
    United States.........................................  Dollar......................  ...........  ...........  ...........       647.05  ...........  ...........  ...........       647.05
                                                                                         -------------------------------------------------------------------------------------------------------
      Total...............................................  ............................  ...........     1,945.54  ...........     1,252.05  ...........  ...........  ...........     3,197.59
JESSE HELMS,                                                                                                                                                                                    
Chairman, Committee on Foreign Relations, Apr. 25, 1995.                                                                                                                                        
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   CONSOLIDATED REPORT OF EXPENDITURE OF FOREIGN CURRENCIES AND APPROPRIATED FUNDS FOR FOREIGN TRAVEL BY MEMBERS AND EMPLOYEES OF THE U.S. SENATE, UNDER AUTHORITY OF SEC. 22, P.L. 95-384--22  
                                                    U.S.C. 1754(b), FOR TRAVEL AUTHORIZED BY THE MAJORITY LEADER FROM JAN. 1 TO MAR. 31, 1995                                                   
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  Per diem               Transportation             Miscellaneous                 Total         
                                                                                         -------------------------------------------------------------------------------------------------------
                                                                                                       U.S. dollar               U.S. dollar               U.S. dollar               U.S. dollar
                     Name and country                             Name of currency          Foreign     equivalent    Foreign     equivalent    Foreign     equivalent    Foreign     equivalent
                                                                                            currency     or U.S.      currency     or U.S.      currency     or U.S.      currency     or U.S.  
                                                                                                         currency                  currency                  currency                  currency 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Senator William V. Roth, Jr...............................                                                                                                                                      
    Germany...............................................  Mark........................       666.35       439.25  ...........  ...........  ...........  ...........       666.35       439.25
Senator Connie Mack.......................................                                                                                                                                      
    Germany...............................................  Mark........................          380       250.49  ...........  ...........  ...........  ...........          380       250.49
                                                                                         -------------------------------------------------------------------------------------------------------
      Total...............................................  ............................  ...........       689.74  ...........  ...........  ...........  ...........  ...........       689.74
ROBERT J. DOLE,                                                                                                                                                                                 
Majority Leader, Apr. 26, 1995.                                                                                                                                                                 
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 ADDENDUM--CONSOLIDATED REPORT OF EXPENDITURE OF FOREIGN CURRENCIES AND APPROPRIATED FUNDS FOR FOREIGN TRAVEL BY MEMBERS AND EMPLOYEES OF THE U.S. SENATE, UNDER AUTHORITY OF SEC. 22, P.L. 95- 
                                              384--22 U.S.C. 1754(b), FOR TRAVEL AUTHORIZED BY THE REPUBLICAN LEADER FROM JULY 1 TO SEPT. 30, 1994                                              
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  Per diem               Transportation             Miscellaneous                 Total         
                                                                                         -------------------------------------------------------------------------------------------------------
                                                                                                       U.S. dollar               U.S. dollar               U.S. dollar               U.S. dollar
                     Name and country                             Name of currency          Foreign     equivalent    Foreign     equivalent    Foreign     equivalent    Foreign     equivalent
                                                                                            currency     or U.S.      currency     or U.S.      currency     or U.S.      currency     or U.S.  
                                                                                                         currency                  currency                  currency                  currency 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Senator John Warner.......................................                                                                                                                                      
    United Kingdom........................................  Dollar......................  ...........  ...........  ...........     1,763.95  ...........  ...........  ...........     1,763.95
                                                                                         -------------------------------------------------------------------------------------------------------
      Total...............................................  Dollar......................  ...........  ...........  ...........     1,763,95  ...........  ...........  ...........     1,763.95
ROBERT J. DOLE,                                                                                                                                                                                 
Republican Leader, Apr. 26, 1995.                                                                                                                                                               
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              H_______________________________________

                

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