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Signed into law by President Franklin D. Roosevelt on June 27, 1934 The National Housing Act of 1934, H.R. 9620, Pub. L. 73–479 , 48 Stat. 1246 , enacted June 27, 1934 , also called the Better Housing Program , [ 1 ] was part of the New Deal passed during the Great Depression in order to make housing and home mortgages more affordable. [ 2 ]
On April 12, 1945, Vice President Harry Truman became president on the death of Franklin D. Roosevelt. Truman campaigned for a second term in the 1948 presidential election with a platform promising to provide for slum clearance and low-rent housing projects. [4]
The First New Deal (1933–1934) dealt with the pressing banking crisis through the Emergency Banking Act and the 1933 Banking Act.The Federal Emergency Relief Administration (FERA) provided US$500 million (equivalent to $11.8 billion in 2023) for relief operations by states and cities, and the short-lived CWA gave locals money to operate make-work projects from 1933 to 1934. [2]
The Federal Emergency Relief Administration (FERA) was a program established by President Franklin D. Roosevelt in 1933, building on the Hoover administration's Emergency Relief and Construction Act. It was replaced in 1935 by the Works Progress Administration (WPA).
Permanent, federally funded housing came into being in the United States as a part of Franklin Roosevelt's New Deal. Title II, Section 202 of the National Industrial Recovery Act, passed June 16, 1933, directed the Public Works Administration (PWA) to develop a program for the "construction, reconstruction, alteration, or repair under public regulation or control of low-cost housing and slum ...
The Federal Housing Administration (FHA), also known as the Office of Housing within the Department of Housing and Urban Development (HUD), is a United States government agency founded by President Franklin Delano Roosevelt, established in part by the National Housing Act of 1934.
Though Keynes and Senator Wagner both favored large-scale public housing projects, the Roosevelt administration prioritized programs designed to boost private home-ownership. In 1933, Roosevelt established the Home Owners' Loan Corporation, which helped prevent mortgage foreclosures by offering refinancing programs.
Workers in the National Youth Administration, building a Student Union Building at Compton Junior College, Los Angeles, ca. 1939. Acting as a clearinghouse for news and discussion; Gathering stories of families whose lives were touched by the New Deal [10] Engaging the public to protect New Deal public works sites from neglect and destruction ...