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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 establishment of the Federal Housing Administration (FHA) had a significant impact on the housing market in the United States. Homeownership rates experienced a notable increase, rising from 40% in the 1930s to 61% and 65% by 1995. The peak of homeownership was nearly 69% in 2005, coinciding with the height of the US housing bubble.
Section 533 grants are a USDA rural housing rehabilitation program authorized under Section 533 of the Housing Act of 1949 (42 U.S.C. 1441 et seq.). The Rural Housing Service (RHS) is authorized to make grants to capable organizations for: (1) rehabilitating single-family housing in rural areas that is owned by low- and very low-income families;
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The Emergency Relief and Construction Act of 1932 approved slum clearance loans and new low-rent housing, yet New York City was the only place where development occurred under the act. In 1933, the act was replaced with the National Industrial Recovery Act which focused on slum clearance and home construction for low-income families and ...
Robert Clifton Weaver (December 29, 1907 – July 17, 1997) was an American economist, academic, and political administrator who served as the first United States secretary of housing and urban development (HUD) from 1966 to 1968, when the department was newly established by President Lyndon B. Johnson.
The Housing Act 1949 (12, 13 & 14 Geo. 6. c. 60) was a British Act of Parliament which enabled local authorities to acquire homes for improvement or conversion with ...