housing aicp
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Federal Home Loan Bank System Created 1932 | show 🗑
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show | Established FSLIC to insure savings deposits. Created the Federal Housing Admin (FHA). FHA required land-use guidelines to be met. Favored detached over attached housing and low density over higher-density.
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Wagner-Steagall Housing Act of 1937 | show 🗑
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show | All federal housing programs consolidated under this agency. Predecessor to HUD.
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show | First comprehensive housing bill. About 800,000 new units constructed under its provision. Focused on slum clearance, urban renewal and new housing construction.
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show | Emphasized physical redevelopment of existing communities. Largest federal urban program in US history. Used eminent domain to assemble, clear and rebuild sites and then sold or leased to private developers at below market rates.
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show | Urban renewal razed entire neighborhoods and displaced low-income residents, often w/o compensation or housing replacement.
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Housing Act of 1954 | show 🗑
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Housing Act of 1959 | show 🗑
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show | Section 312 funds for home rehabilitation loans. Added housing assistance for moderate-income households.
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Housing and Urban Development Act of 1965 | show 🗑
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show | Also known as fair housing act, preventing housing discrimination. Title Vlll prohibited discrimination in sale, rental and financing of dwelings based on race, national origin, religion, sex and family status.
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show | New Communities Act and provided funding for private development of new towns. Provided funding for construction of six million subsidized housing units. Required local govts to develop housing plans and affirmative action housing programs.
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HUD Act of 1970 | show 🗑
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show | Pres. Nixon. Help low-income renters secure adequate housing. Recipients pay only 30% of income in payment and federal govt pays the rest. Main source of federal housing assistance. to low-income households.
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show | CDBG program. Principal form of federal aid for local community development. Reduced Federal role in local decision making and gave loval govt more discretion over how to spend their federal funds. Requires a Housing Assist. Plan (HAP)
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show | Federal relief for under employed & unemployed homeowners as result of poor economic conditions.
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Low Income Housing Tax Credit of 1986(LIHTC) | show 🗑
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Stewart B McKinney Act of 1987 | show 🗑
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Fair Housing Amendments of 1988 | show 🗑
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Cranston-Gonzalez National Affordable Housing Act (NAHA) of 1990 | show 🗑
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show | Created Community Devel. Corps. (CDCs) to emphasize economic and community devel in central cities and low-income areas. Provided funding for housing and rent for moderate-income households.
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Section 8 Housing - 1974 | show 🗑
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Housing and Community Development Act of 1974 | show 🗑
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show | Federal relief for under employed & unemployed homeowners as result of poor economic conditions.
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Low Income Housing Tax Credit of 1986(LIHTC) | show 🗑
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show | 1st major legislation reponse to homelessness and emphasis on elderly, disabled and families with children.
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show | Expanded fair housing to include group homes and halfway houses. Probhibits housing discrimination based on age and disability.
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Cranston-Gonzalez National Affordable Housing Act (NAHA) of 1990 | show 🗑
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show | Estb. within HUD to oversee Fannie Mae and Freddie Mac.
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show | Provides housing vouchers for some public housing residents to rent apartments in the private market. Replaced many large-scale, low-quality housing projects with smaller, higher quality, mixed income buildings.
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show | Section 202 to help expand suply of affordable housing for the elderly that allow them to live independtly, but with support services.
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show | Disposed of apartment buildings in govt. possession due to foreclosure.
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Housing Opportunity Extension Act of 1996 | show 🗑
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show | Enacted under the Clinto Admin. Established building stds for manufactured homes. Requires states to implement a dispute resolution prgm to resolve disputes over correction or repair of defects.
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