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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 .
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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 ...
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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.
Others were established through Roosevelt executive orders, such as the Works Progress Administration and the Office of Censorship, or were part of larger programs such as the many that belonged to the Works Progress Administration. Some of the agencies still exist today, while others have merged with other departments and agencies or were ...
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Loans may also be used to repair existing housing for farm labor use. The loans are repayable in 33 years and bear an interest rate of 1%. Applicants, who own farms or who represent farm owners, must demonstrate that the farming operations have a need for farm labor housing and must agree to own and operate the property on a nonprofit basis.