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Housing Act of 1937; Long title: An Act to provide financial assistance to the States and political subdivisions thereof for the elimination of unsafe and insanitary housing conditions, for the eradication of slums, for the provision of decent, safe, and sanitary dwellings for families of low income, and for the reduction of unemployment and the stimulation of business activity, to create a ...
One result of housing issues that occurred during the Great Depression was the passage of the Housing Act of 1937, often referred to as the Wagner-Steagall Act. This act established public housing in the United States. [14] Within the first four years of its establishment, 170,000 housing units were created. [15]
Housing Act of 1937 (aka Wagner-Steagall Act) 1937: Public Housing Federal: Provided for subsidies to be paid from the U.S. government to local public housing agencies (LHAs) to improve living conditions for low-income families. Housing Act of 1949: 1949 [definition needed] Federal [definition needed] Housing Act of 1954: 1954: Public housing ...
The United States Housing Authority, or USHA, was a federal agency created during 1937 within the United States Department of the Interior by the Housing Act of 1937 as part of the New Deal. It was designed to lend money to the states or communities for low-cost construction.
The San Diego Housing Commission currently owns 2,221 affordable housing units and plans to expand that number in the future to meet the growing demand. [60] In 2009, the San Diego Housing Commission implemented a finance plan that created 810 more units of affordable rental housing through leveraging the equity of its owned properties.
A request by L.A. County to temporarily waive state housing laws drew the ire from advocates who accused the county of skirting efforts aimed at boosting affordable housing.
The capital gains tax exclusion for primary residences hasn’t changed since 1997. The dramatic gains in home values mean this tax law is worsening the housing crisis.
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 ...