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AICP Housing

QuestionAnswer
First Tenement was built in NYC in what year? 1855
The 1867 Tenement House Law did what? Required new tenement building to provide a narrow air shaft between adjacent structures, windows, two toilets, and windows.
Jacob Riis book and year How the other half lives- 1890
Public Works Administration (PWA) did what and when was it created? Helped build housing, was the first federally supported public housing program. 1934
1934 National Housing Act Created Federal Housing Administration whose purpose was to insure home mortgages
Resettlement Administration, what year? and what did it do? 1935 - used new deal funds to build new greenbelt towns. Rexford Tugwell
1937 Housing Act "Wagner - Steagall Act" - $500 million in loans for development of low cost housing from the Feds to local housing authorities. - led to clearance of slums
Servicemans Readjustment Act, year -1944 - GI bill guaranteed home loans to vets, led to rapid development of suburbs
1949 Housing Act - First comprehensive housing bill, called for the construction of 800,000 new housing units emphasized on slum clearance. - Truman's "Fair Deal" - Focused on urban redevelopment.
1954 Housing Act - Provided money for cities under 25,000 - focused on urban renewal
1959 Housing Act - Federal matching funds for comp planning at all levels
1961 Housing Act - Money to organizations building housing projects for others to rent
What act formed HUD and in what year? Was formed through the Housing and Urban Development ACT in 1965
Demonstration Cities and Metropolitan Development Act - 1966 model cities program - financial incentives for coordinated metro area planning. - helped to ensure that federal grant money was being spent on the right projects.
1968 Housing and Urban Development Act - 6 million subsidized housing units
Civil Rights Act/ Fair Housing Act - deemed racial discrimination in the sale or rental of housing illegal - 1968
Miami Valley Regional Planning Commission (1970) - Ohio - Housing plan that called for low and moderate income housing allocated on a fair share basis
1972 Pruitt- Igoe - Project was demolished in St. Louis - Shift away from high rise public housing - death of "modern" architecture
1974 Housing and Community Development Act - created CDBG program - Communities use funds to improve blighted area - Created Section 8
1974 National Manufactured Housing Construction and Safety Act - Regulates manufactured homes - Prohibits local municipalities from regulating manufactured homes
1977 Urban development Action Grant Program (UDAG) - Public-Private Partnerships for redevelopment of urban areas
1990 National Affordable Housing Act - Creates HOME program (funds for housing rehab)
Hope VI - 1992 - Revelopment of distressed public housing (Chicago taylor homes) - Mixed income housing used to revitalize gvt.
Consolidated Plan - Community identifies housing, homeless, and community development needs. - Must be completed by a community to receive federal funds from housing.
Homestead Act - 1862 - Freehold title to 160 acres of undeveloped land outside of the original 13 colonies. - 1.6 million homesteads granted between 1862 and 1986 - Privatized 10% of all land in the US
Robert Moses - NYC urban renewal - Roads, bridges, highway, etc - Built housing including Stuyvesant town in Brooklyn - Scorned revitalization
Federal National Mortgage Association - Fannie Mae chartered by congress in 1968 - Purchase and securitize mortgages in order to ensure that funds are consistently available to the institutions that lend money to home buyers.
Federal Home Loan Mortgage Corporation - Freddie Mac - Expand the secondary market for mortgages in the US - Buys mortgages on the secondary market, pools them, and sells them as mortgage-backed securities to investors on the open market.
FHFA Federal Housing and Finance Agency
Conservatorship - Subjected to the legal control of an external entity or organization, Fannie Mae and Feddie Mac are in the conservatorship of FHFA
CDBG - Funds local community development activities, such as affordable housing, anti-poverty programs, and infrastructure development. - Subject to less federal oversight and used at the discretion of the state and local gvt.
Section 8 - Voucher program for low income families and individuals - Tenants pay about 30% of their income towards rent, Fed pays rest
HOME - Formula grants to states and localities that communities use to fund activities that build, buy, or rehab affordable housing for rent - Provide direct rental assistance to low-income people
ROSS - Resident opportunities for self sufficiency - Links public housing residents with public services - Seniors and people with disabilities
Empowerment Zone Program - Renewal Communities (RCs) - Empowerment Zones (EZs) - Enterprise Communities (ECs) - Communities who may be eligible for grants/ tax credits for businesses, bonding authority, and other benefits.
 

 



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