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Farm Security Administration (FSA). A New Deal Program that was created in 1937 in the Department of Agriculture. Farm Security Administration (FSA). Formed to help poor rural Americans become more self sufficient during the depression. Farm Security Administration (FSA).
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Farm Security Administration(FSA) A New Deal Program that was created in 1937 in the Department of Agriculture
Farm Security Administration(FSA) • Formed to help poor rural • Americans become more self • sufficient during the depression.
Farm Security Administration(FSA) Programs: • Farm Loans • Rural Rehabilitation • Homestead Programs
Farm Security Administration(FSA) • Farm Loan Purchases: • Land • Equipment • Seed • Livestock
Farm Security Administration(FSA) • Rural Rehabilitation: • Participate in Health Plans • Take advantage of • Educational Training • Use loan money for home, • and sanitary improvements.
Farm Security Administration(FSA) • Homestead Program: • Government buyout of • unproductive land. • Setting up of homestead • communities with • government supervision.
Farm Security Administration (FSA) • Critics call FSA wasteful and • un-american. • By 1943 the program had lost most • of its funding • 1946 became the Farmer’s Home • Administration.
Home Owners’ Loan Corporation (HOLC) The Home Owner's Loan Act was passed in 1933 and was created to assist in the refinancing of homes
Home Owners’ Loan Corporation (HOLC) • Helped people by buying • up mortgages from banks. • Refinanced them up to 80% of • assessed value at a lower interest rate. • Extended loans from shorter • to longer terms so homeowners • would be able to make payments.
Home Owners’ Loan Corporation (HOLC) • 1 million people between • 1933-35 received long term loans that • saved their homes from foreclosure.
Home Owners’ Loan Corporation (HOLC) • HOLC stopped lending in 1935 • $200 million that was available • to lend ran out. • Officially ceased operation 1951
Sources FSA http://digital.library.okstate.edu/encyclopedia/entries/F/FA015.html http://www.livinghistoryfarm.org/farminginthe30s/water_13.html http://www.answers.com/topic/farm-security-administration http://www.infoplease.com/ce6/history/Ao824046.html HOLC http://en.wikipedia.org/wiki/Home_Owners'_Loan_Corporation http://www.infoplease.com/ce6/history/A0824046.html