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The National Housing Act of 1934, H.R. 9620, Pub. L. 73–479, 48 Stat. 1246, enacted June 27, 1934, also called the Better Housing Program, [1] was part of the New Deal passed during the Great Depression in order to make housing and home mortgages more affordable. [2]
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 .
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 ...
Housing Act of 1949, a major post-World War II national housing policy enacted in the United States; Housing Amendments of 1955 Act, 1955 amendments to the National Housing Act, see 84th United States Congress; Housing and Urban Development Act of 1965, part of President Lyndon B. Johnson's "Great Society" program, which provided a national ...
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.
Assessed value: The value of real estate property as determined by an assessor, typically from the county. "As-is": A contract or listing clause stating that the seller will not repair or correct ...
The most comprehensive federal fair housing act of its time, this piece of legislation mandated fair housing as a national policy and restricted discriminatory practices. Specifically, discrimination on the basis of race, color, religion, sex, or national origin was prohibited in the rental, sale, financing, and brokerage of housing or housing ...
Ginnie Mae, formerly the Government National Mortgage Association, which originally only provided insurance for bonds issued by FHA and VA mortgages in special affordable housing programs. [ 3 ] In 1970, Ginnie Mae became the first organization to create and guarantee MBS products and has continued to provide mortgage funds for homebuyers ever ...