Ashley A................
What is the fsa
A subagency of the us department of ag
What did the fsa do?
Not a relief agency
provided loans tyo people mainly farmers who couldnt obtain
credit anywhere
Is the fsa still around today
is still here today but was turned into a diffrent program
Was the fsa successfull overall
The original fsa success ful?, no the farmers wanted ownership of the government owned farms
[REA]
What was REA
An agency to bring electricty to ruarl areas with farms
us was trailing behind england
Is the rea still around?
was reaorginized into ruarl utilities service
Was the rea successful..
yes untell it was made into a diffrent service
Shelby Powers.......
HOLC
Refused a loan or insurance to someone who looked to be poor or a financial rick for the bank
Passed in 1933 and stopped giving loans in 1935
ROOSENVELT asked congress to help protect homeowners from forecloshers
It was created by the law makers
Extended loans from 5-7 to 15-30 years
spring of 1934
35,000 aps. proccessed per week
Emploied 21,000 people
ended completely in 1951
FHA
lowerd the down payments
streched the down payments to pay the loan
been around since june of 1934
successfully increased the housing market
Gave the low income families loans for houses
Redlining became legal
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