10h 42min, aug 19, 1933 y - Homeowners Loan Corporation (HOLC)
Description:
Gave loans to homeowners. This helped stabilize real estate that had depreciated during the depression and to refinance the urban mortgage debt. This helped homeowners who had lost their homes and other property during the Great Depression.Added to timeline:
Date:
10h 42min, aug 19, 1933 y
Now
~ 92 years ago