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The American Housing Act of 1949 (Pub. L. 81–171) was a landmark, sweeping expansion of the federal role in mortgage insurance and issuance and the construction of public housing. It was part of President Harry Truman 's program of domestic legislation, the Fair Deal .
The Housing Act of 1949 offered federal subsidies to local redevelopment projects, allowing local agencies to clear and sell blighted land for redevelopment, [2] up to a limit of $808 million per year. Federal subsidies helped alleviate potential hurdles in acquiring land with high purchase costs.
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 Housing Act of 1949, also known as the Taft-Ellender-Wagner Act, provided federal loans to cities to acquire and clear slum areas to be sold to private developers to redevelop in accordance with a plan prepared by the city (normally with new housing), and grants to cover two-thirds of the portion of the city's costs in excess of the sale ...
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.
The housing law dates to 1949, when the federal Housing Act banned racial discrimination in public housing projects. A year later, voters passed a constitutional amendment requiring the government ...
One study authored by research psychiatrist Dr. Mindy Thompson Fullilove and published by the nonprofit Institute for Justice looked at cases involving the Federal Housing Act between 1949 and 1973.
The Housing and Rent Act (1949) extended federal rent control authority. [ 80 ] The Farmers Home Administration was established (1946) to assist self-help rural housing groups as well as to make grants and loans for the repair and construction of rural homes.