Monday Feb. 7

Federal Emergency Relief Act

Passed in 1933. Provided relief for people to get back on their feet. One of the first relief programs; part of the 100 days legislation. Gave states nearly 3 billion dollars for relief programs. Provided work for 20 million people Started 500 million dollar reconstruction fund. Rebuilt parks, bridges, buildings, streets, roads.

 

Home Owner's Loan Corp.

Made in 1933. Refinance homes to prevent foreclosure. Granted long term mortgages to over a million people facing losing their homes. Sold bonds to lendors in exchange for mortgages. Borrowers required to make a down payment. Huge benifet to American home owners. One of congress' most succesful operations.

 

Public Works Administartion

Spends big money on big projects. They built things like schools, airports, hospitals, homes.

 

Federal Housing Administration

FHA-insured loans require very little cash. Goals were to improve housing standards and conditions and to provide a good financing systems. Helped military and low income people to get houses. Low income, decent homes.

 

Work Progress Administration

Largest New Deal agency. Provided economic relief. Goal was to employ unemployed people on relief until the economy recovered. Trained 30,000 women for domestic employment. Helped fund new libraries and build bridges and also public buildings. Constructed a school, park or bridge in nearly all U.S. communities. Supplied jobs to HUNDREDS of people. Was disbanded due to WW2.

 

National Labor Relations Act

Created to protect the rights of employers and employees. Stops employees from interfering in labor unions. Employers could spy on, discharge, dicispline and blacklist employees before this act.

National Labor Relations Board was created to make sure the NLRA was being followed properly.

800,000 joined unions. Three programs spawned from this act: Old age insurance, aid to dependant children, amd unemployment insurance. MAde employers and employees cooperate.

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