# LCMS Convention Proceedings_St. Louis Missouri_1959_S146
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

146 RESOLUTIONS — COMMITTEE 1

Action: This resolution was adopted,

Faculty Housing Purchase Policy
RESOLUTION 41, COMMITTEE 1

Memorial 158, pages 213—214, Reports and Memorials
Memorial 120, page 169, Reports and Memorials

WHEREAS, In 1953 the Houston convention asked the Board
for Higher Education and the Board of Directors to resolve some

Resolved, That the following become the Basie Principles for
a Revised Faculty Housing Purchase Policy:

1. Our housing policy must safeguard the interests of the Synod
but must at the same time exercise Senuine concern for the wel-
fare of the worker;

2. The newest and often the youngest members of a teaching
staff usually require the greatest amount of housing assistance,
since the acquisition of a residence requires more than most faculty
families have in ready cash and available savings;

3. Under current methods of financing, loans are normally