National Housing Act of 1934

E10664

The National Housing Act of 1934 is a U.S. federal law enacted during the New Deal to stimulate the housing market by improving mortgage lending practices and expanding homeownership through government-backed insurance programs.

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AI-generated illustration of National Housing Act of 1934

This AI-generated illustration was produced by black-forest-labs/FLUX.2-dev (1024x1024) from a prompt written by openai/gpt-oss-120b from the entity's label + description.

Prompt

Generate an image of the National Housing Act of 1934 (The National Housing Act of 1934 is a U.S. federal law enacted during the New Deal to stimulate the housing market by improving mortgage lending practices and expanding homeownership through government-backed insurance programs.)

All labels observed (4)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf New Deal legislation ⓘ
United States federal statute ⓘ
administeredBy Federal Housing Administration ⓘ
aimedToAddress high foreclosure rates in the early 1930s ⓘ
housing shortages during the Great Depression ⓘ
instability in mortgage lending markets ⓘ
appliesTo private financial institutions participating in FHA programs ⓘ
residential mortgage loans meeting FHA standards ⓘ
authorized federal insurance of private mortgage loans ⓘ
branchOfGovernment legislative ⓘ
codifiedIn Title 12 of the United States Code ⓘ
country United States ⓘ
createdAgency FHA ⓘ
Federal Housing Administration ⓘ
dateEnacted 1934-06-27 ⓘ
effect extension of mortgage repayment periods ⓘ
reduction of down payment requirements for home purchases ⓘ
standardization of long-term, amortized mortgages in the United States ⓘ
enactedDuring New Deal ⓘ
focus improvement and modernization loans ⓘ
mortgage insurance for single-family homes ⓘ
historicalContext Great Depression ⓘ
jurisdiction United States federal government ⓘ
legislativeBody United States Congress ⓘ
longTermImpact expansion of homeownership in the United States ⓘ
growth of the 30-year fixed-rate mortgage ⓘ
increased federal role in housing finance ⓘ
partOf New Deal housing programs ⓘ
linked to: New Deal
policyArea banking and finance ⓘ
housing policy ⓘ
mortgage insurance ⓘ
urban development ⓘ
presidentAtEnactment Franklin D. Roosevelt ⓘ
provides federal insurance for approved home mortgages ⓘ
insurance for lenders against mortgage default ⓘ
purpose to expand homeownership ⓘ
to improve mortgage lending practices ⓘ
to provide federal insurance for home mortgages ⓘ
to stimulate the housing market ⓘ
relatedLegislation Housing Act of 1937 ⓘ
Housing Act of 1949 ⓘ
shortTitle National Housing Act ⓘ
signedBy Franklin D. Roosevelt ⓘ
sponsorType Democratic administration initiative ⓘ
targetGroup homebuyers ⓘ
mortgage lenders ⓘ
targetSector residential housing market ⓘ
yearEnacted 1934 ⓘ

How these facts were elicited

Referenced by (18)

Full triples — surface form annotated when it differs from this entity's canonical label.

Federal Housing Administration → legalBasis → National Housing Act of 1934 ⓘ
United States housing policy → regulatedBy → National Housing Act of 1934 ⓘ
Home Owners' Loan Act of 1933 → relatedTo → National Housing Act of 1934 ⓘ
Home Equity Conversion Mortgage program → legalAuthority → Section 255 of the National Housing Act ⓘ
linked to: National Housing Act of 1934
National Housing Act of 1934 → shortTitle → National Housing Act ⓘ
linked to: National Housing Act of 1934
Housing and Economic Recovery Act of 2008 → amends → National Housing Act ⓘ
linked to: National Housing Act of 1934
Housing and Community Development Act of 1977 → amends → National Housing Act ⓘ
linked to: National Housing Act of 1934
Federal Savings and Loan Insurance Corporation → createdBy → National Housing Act of 1934 ⓘ
Catherine Bauer Wurster → movement → New Deal housing reform ⓘ
linked to: National Housing Act of 1934
Public Law 93-383 → amendedAct → National Housing Act ⓘ
linked to: National Housing Act of 1934
Federal Home Loan Bank Act → relatedTo → National Housing Act of 1934 ⓘ
Housing and Urban Development Act of 1968 → amended → National Housing Act ⓘ
linked to: National Housing Act of 1934
Public Law 101-73 → amends → National Housing Act ⓘ
linked to: National Housing Act of 1934
Emergency Home Finance Act of 1970 → relatedTo → National Housing Act ⓘ
linked to: National Housing Act of 1934
Garn–St Germain Depository Institutions Act of 1982 → amends → National Housing Act ⓘ
linked to: National Housing Act of 1934
DIDMCA → amends → National Housing Act ⓘ
linked to: National Housing Act of 1934
Public Law 90-448 → amends → National Housing Act ⓘ
linked to: National Housing Act of 1934
Section 236 rental housing assistance program → statutoryAuthority → National Housing Act ⓘ
linked to: National Housing Act of 1934