Post Tagged with: "Great Depression"

The Homeowners Loan Act provided for loans to homeowners so they could pay their mortgages. This prevented people from going homeless and prevented banks from going under.

Profile America: Help for Homeowners

Tuesday, June 13 — The American dream of owning — and keeping — a home got a lifeline on this date in 1933 with passage of the Homeowners Loan Act. The act provided emergency relief in the depths of the Great Depression, […]

by · June 13, 2017 · History, Housing, Profile America
Profile America: Unemployment Insurance

Profile America: Unemployment Insurance

Saturday, January 28 — As the Great Depression approached its worst, Wisconsin made the nation’s first governmental direct relief effort for the unemployed. On this date in 1932, it enacted unemployment insurance, soon followed by a half-dozen other states before Social […]

by · January 28, 2017 · Government, Labor, Profile America

Profile America: Homeownership

The American dream of owning a home got a lifeline on this date in 1933 with passage of the Homeowners Loan Act.