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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 .
It reversed some of the pro-labor union legislation that was central to the New Deal. When Robert A. Taft, the conservative Republican senator, unexpectedly supported the Housing Act of 1949, Truman achieved one new liberal program. Truman took a strong stance on civil rights, ordering equal rights in the military to the disgust of the white ...
The Housing Act of 1949 [79] was a major legislative accomplishment stemming from the collaboration of the Fair Deal supporters with conservative leader Senator Taft. [80] This led to the allocation of federal funds to go towards 800,000 units of public housing.
By 1951, Chavez Ravine was slated for redevelopment under the National Housing Act of 1949, which provided federal money to build public housing. The Los Angeles Housing Authority began acquiring the land of Chavez Ravine in 1951 through both voluntary purchases and the exercise of eminent domain. In furtherance of the public housing proposal ...
Section 521 rental assistance is rental assistance authorized under Section 521 of the Housing Act of 1949 (42 U.S.C. 1441 et seq.). Owners of housing financed under Section 515 or Section 514 may receive rental assistance payments from the Rural Housing Service (RHS). The assistance payments enable eligible tenants to make monthly rent ...
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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 ...
Section 502 loans are a rural housing loan program, administered by the Rural Housing Service (RHS), authorized under Section 502 of the Housing Act of 1949. Borrowers may obtain loans for purchasing or repairing new or existing single-family housing. Loans are made directly by RHS (7 CFR 3550) or by private lenders with a USDA guarantee (7 CFR ...