They first thing we didi was projects
FERA
-Federal Emergency Relief Act
-passed may 1933
-provides work for poeple
-one of the first relief acts
-gave around $3 million toward relief funds
-rebuilt parks, bridges, buildings and streets
-successful
HOLC
-Home Owners Loan Corperation
-formed in 1933
-purpose was to refinance mortgages to prevent forclosures
-granted long term mortgages
-they did this by selling bonds in exchanges for mortgages
-borrowers were required to make a down payment
-successful
PWA
-Public Works Administration
-spent several billion to creat jobs, stabilize purchase power, and improve public welfare
-funded costruction
-funded new schools, airports, hospitals
-sill around
FHA
-Federal Housing Administration
-provided mortgage insurance on loans made by FHA approved lenders
-Largest insurer of mortgages
-insured loans require very little cash to close a loan
-basicaly formed to make mortagages better for poor people and military people
Alphabet Soup Organisations
WPA
-Works Progress Administration
-1933-1965
-goal was to employ as many jobless people as possible
-help artist, mucisians, and other creative people make money for thier work
-made other projects to for libraries, hospitals and other public buildings
-largest employer
-ended in 1943
NLRA
-National Labor Relations Act
-formed in 1935
-created to procect the rights of poeple
-NLRAB
Board
-made sure provisions was making sure provisions were followed
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