Home Owners' Loan Corporation Created, Establishes Racial Appraisal Framework
President Roosevelt signs the Home Owners’ Loan Act, creating the Home Owners’ Loan Corporation (HOLC) as an emergency response to the mortgage crisis of the Great Depression. Between 1933 and 1936, HOLC refinances approximately one million mortgages (one-tenth of all urban homes with …
Home Owners' Loan Corporation
Franklin D. Roosevelt
Federal Home Loan Bank Board
Real estate appraisers
institutional-capture
racial-oppression
housing-policy
economic-strategy
housing
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