Kinda out of the blue, but FERA sounds like Farah. Which is the name of a character of the Prince of Persia video games...
FERA
It wasn't Roosevelt's idea, he only renamed it. Hoover was the one who created it in 1932, probably the last thing he ever did as president. It was later renamed Works Progress Administration. Under Hoover's reign, he would give states relief funds. New York had TERA, Temporary Emergency Relief Administration. Along with FERA the CCC was started under Roosevelt.
FERA's leading goal was to create more jobs that required little to no skill. This really improved masculine self-esteem. Men with jobs felt superior. It was all about the bread. From May 1933 to its end in December 1935, the FERA gave states $3.1 billion. It doesn't appear to be a complete fail since over 20 million people got work developing facilities on public lands across the country.
The hard-to-miss billboard was the still high unemployment and not-so-great public welfare. And the dreaded oncoming winter of '33. (Winter seems to be associated despair... Probably started with the pilgrims.) Anyway, before FERA closed, they instituted Civil Works Administration, CWA, as a little speed boost to the get people to work. When FERA died, two other agencies stepped up to the plate, WPA, Works Progress Administration, and the SSA, Social Security Administration.
HOLC
The HOLC, Home Owner's Loan Corporation, (I am so sick of acronyms), was an corporation to prevent foreclosures on homes. This was accomplished with the selling of bonds and lengthening loans. HOLC stopped when they ran out of money.
http://en.wikipedia.org/wiki/Home_Owners'_Loan_Corporation
http://en.wikipedia.org/wiki/Federal_Emergency_Relief_Administration
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