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Housing And Urban Development Act Of 1968
The Housing and Urban Development Act of 1968, , was passed during the Lyndon B. Johnson Administration. The act came on the heels of major riots across cities throughout the U.S. in 1967, the assassination of Civil Rights Leader Martin Luther King Jr. in April 1968, and the publication of the report of the Kerner Commission, which recommended major expansions in public funding and support of urban areas. President Lyndon B. Johnson referred to the legislation as one of the most significant laws ever passed in the U.S., due to its scale and ambition. The act's declared intention was constructing or rehabilitating 26 million housing units, 6 million of these for low- and moderate-income families, over the next 10 years. The act authorized $5.3 billion in spending over its first three years, designed to fund 1.7 million units over that time. In the longer term, the act was designed to cost $50 billion over 10 years, had it ever been fully implemented. Its policies were to be imp ...
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Title 12 Of The United States Code
Title 12 of the United States Code outlines the role of Banks and Banking in the United States Code. * : The Comptroller of the Currency * : National Banks * : Federal Reserve System * : Taxation * : Crimes And Offenses * : Foreign Banking * : Export-Import Bank of the United States * : Farm Credit Administration * : Agricultural Marketing * : Regional Agricultural Credit Corporations * : Adjustment and Cancellation of Farm Loans * : National Agricultural Credit Corporations * : Local Agricultural-Credit Corporations, Livestock-Loan Companies and Like Organizations; Loans to Individuals to Aid in Formation or to Increase Capital Stock * : Federal Home Loan Banks * : Federal Home Loan Mortgage Corporation * : Savings Associations * : National Housing * : Federal Credit Unions * : Federal Loan Agency * : Federal Deposit Insurance Corporation * : Bank Holding Companies * : Bank Service Companies * : Security Measures for Banks and Savings Associations * : Credit Control * : Financ ...
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Baltimore, Maryland
Baltimore ( , locally: or ) is the List of municipalities in Maryland, most populous city in the U.S. state of Maryland, fourth most populous city in the Mid-Atlantic (United States), Mid-Atlantic, and List of United States cities by population, the 30th most populous city in the United States with a population of 585,708 in 2020. Baltimore was designated an Independent city (United States), independent city by the Constitution of Maryland in 1851, and today is the most populous independent city in the United States. As of 2021, the population of the Baltimore metropolitan area was estimated to be 2,838,327, making it the List of metropolitan areas of the United States, 20th largest metropolitan area in the country. Baltimore is located about north northeast of Washington, D.C., making it a principal city in the Washington–Baltimore combined statistical area, Washington–Baltimore combined statistical area (CSA), the third-largest combined statistical area, CSA in the nat ...
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United States Government Publishing Office
The United States Government Publishing Office (USGPO or GPO; formerly the United States Government Printing Office) is an agency of the legislative branch of the United States Federal government. The office produces and distributes information products and services for all three branches of the Federal Government, including U.S. passports for the Department of State as well as the official publications of the Supreme Court, the Congress, the Executive Office of the President, executive departments, and independent agencies. An act of Congress changed the office's name to its current form in 2014. History The Government Printing Office was created by congressional joint resolution () on June 23, 1860. It began operations March 4, 1861, with 350 employees and reached a peak employment of 8,500 in 1972. The agency began transformation to computer technology in the 1980s; along with the gradual replacement of paper with electronic document distribution, this has led to a st ...
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Housing Act Of 1954
The ''Housing Act of 1954'', , passed during the Dwight D. Eisenhower Administration, comprised a series of amendments to the National Housing Act of 1934. Referred to within the legislation simply as the "National Housing Act", the program was managed by the Federal Housing Administration (FHA), an agency created by the 1934 Act. Previous amendments to the 1934 Act were made in 1937 and 1949. The 1954 Act provided funding for 140,000 units of public housing, giving preferential treatment to families that would be relocated for slum eradication or revitalization. In 1965, federal housing programs came under the purview of the new United States Department of Housing and Urban Development The United States Department of Housing and Urban Development (HUD) is one of the executive departments of the U.S. federal government. It administers federal housing and urban development laws. It is headed by the Secretary of Housing and Ur ... (HUD). See also * Mill Creek Valley § ...
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Federal National Mortgage Association Charter Act
The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a United States government-sponsored enterprise (GSE) and, since 1968, a publicly traded company. Founded in 1938 during the Great Depression as part of the New Deal, the corporation's purpose is to expand the secondary mortgage market by securitizing mortgage loans in the form of mortgage-backed securities (MBS), allowing lenders to reinvest their assets into more lending and in effect increasing the number of lenders in the mortgage market by reducing the reliance on locally based savings and loan associations (or "thrifts"). Its brother organization is the Federal Home Loan Mortgage Corporation (FHLMC), better known as Freddie Mac. In 2022, Fannie Mae was ranked number 33 on the ''Fortune'' 500 rankings of the largest United States corporations by total revenue. __TOC__ History Background and early decades Historically, most housing loans in the early 1900s in the United States were s ...
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Housing And Community Development Act Of 1974
The Housing and Community Development Act of 1974, (12 U.S.C. 1706e), is a United States federal law that, among other provisions, amended the Housing Act of 1937 to create Section 8 housing, authorizes "Entitlement Communities Grants" to be awarded by the United States Department of Housing and Urban Development, and created the National Institute of Building Sciences. Under Section 810 of the Act the first federal Urban Homesteading program was created. The S. 3066 legislation was passed by the United States 93rd Congressional session and enacted into law by the 38th President of the United States Gerald Ford on August 22, 1974. See also * Mobile Home Construction and Safety Standards Act of 1974 Mobile Home Construction and Safety Standards Act of 1974 or National Mobile Home Construction and Safety Standards Act is a United States federal law establishing design and development safety standards for manufactured housing or prefabricated ... References External lin ...
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Richard Nixon
Richard Milhous Nixon (January 9, 1913April 22, 1994) was the 37th president of the United States, serving from 1969 to 1974. A member of the Republican Party, he previously served as a representative and senator from California and was the 36th vice president from 1953 to 1961 under President Dwight D. Eisenhower. His five years in the White House saw reduction of U.S. involvement in the Vietnam War, détente with the Soviet Union and China, the first manned Moon landings, and the establishment of the Environmental Protection Agency and Occupational Safety and Health Administration. Nixon's second term ended early, when he became the only president to resign from office, as a result of the Watergate scandal. Nixon was born into a poor family of Quakers in a small town in Southern California. He graduated from Duke Law School in 1937, practiced law in California, then moved with his wife Pat to Washington in 1942 to work for the federal government. After active duty ...
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National Urban Policy And New Community Development Act Of 1970
The Urban Growth and New Community Development Act (Renamed National Urban Policy and New Community Development Act of 1970, , title VII, 1970-12-31, , et seq.) is a statute enacted by the United States Congress in 1970. The act championed by Senator Thomas W. L. Ashley, provided federal support for the development of new towns by private developers through the department of Housing and Urban Development. The New Community Development Corporation was formed to distribute and manage $500 million in bond guarantees to developers in increments of up to $50 million per project. Thirteen of these "Title VII" "New Towns" were established with HUD funds before the project was scrapped in 1978. New York State initiated a related program funding three additional communities. Most of the sites were green field development. The act allowed up to 75% of development costs to state agencies to be granted by the program, and planning grants of 66% of the cost of the development to be awarded d ...
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Flower Mound, Texas
Flower Mound is an incorporated town located in Denton and Tarrant counties in the U.S. state of Texas. Located northwest of Dallas and northeast of Fort Worth adjacent to Grapevine Lake, the town derives its name from a prominent mound located in the center of town. After settlers used the site for religious camps during the 1840s, the area around Flower Mound was first permanently inhabited in the 1850s; however, residents did not incorporate until 1961. Although an effort to create a planned community failed in the early 1970s, Flower Mound's population increased substantially when Dallas/Fort Worth International Airport opened to the south in 1974. As of the 2020 United States census, the population was 75,956, reflecting a 17% increase over the 64,669 counted in the 2010 census. Of the Texas municipalities that label themselves "towns", Flower Mound has the largest population. Flower Mound was the only town with a population greater than 20,000 in the 2020 census. Flow ...
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University Park, Illinois
University Park is a village, a south suburb of Chicago mostly in Will County with a small portion in Cook County in the U.S. state of Illinois. The village is one of the region's few planned communities, was developed in the 1960s as Wood Hill, then Park Forest South, and finally University Park. Governors State University was established in the village in 1969. The village population was 7,145 at the 2020 census. History In the late 1950s, Woodhill Enterprises purchased land south of Park Forest for a large subdivision. Building began in 1961, but by 1967 Wood Hill had only 240 homes. Residents created a homeowners association, which fostered a community identity. In 1966, Nathan Manilow, one of the developers of Park Forest, started to purchase land around Wood Hill. Park Forest had been a model for planning in the 1940s, and Lewis Manilow, son of Nathan, formed New Community Enterprises (NCE) to build "a whole new town". Major partners included Illinois Central Industrie ...
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Jonathan, Minnesota
Jonathan, Minnesota is a homeowners' association that is a remnant of a planned community development within the city of Chaska, Minnesota in Carver County. It was named for Jonathan Carver, for whom Carver County also is named. In 2008, it is the largest homeowners' association in the State of Minnesota, with 2,300 households.HERÓN MÁRQUEZ ESTRADA - Clothing, manicures and charges of theft. Ex-bookkeeper for the Jonathan Association in Chaska is accused of misusing the group's credit card. Star Tribune, August 19, 2008 It was planned by the Jonathan Development Corporation and begun in 1967.Meltzer, Jack - City Planning. World Book Encyclopedia, 1976, Volume 4 p460b It was the idea of Minnesota State Senator and real estate developer Henry T. McKnight. The planners chose a site outside the Twin Cities urban area and Interstate 494/694 belt line. The town site was centered on the intersection of Minnesota State Highway 41 and the Pacific Extension of the Chicago, Milwaukee, S ...
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Section 8 (housing)
Section 8 of the Housing Act of 1937 (), often called Section 8, as repeatedly amended, authorizes the payment of rental housing assistance to private landlords on behalf of low-income households in the United States. Fort Lauderdale, Florida Housing Authority Director William H. Lindsey, upon the advice of Housing Authority attorney J. Richard Smith, initially developed 11(b) financing in the early 1970s to accommodate a local savings and loan interested in assisting with urban renewal projects Lindsey eventually brought to fruition. This was the initial impetus for the subsequent development of the now well known Section 8 Program. Of the 5.2 million American households that received rental assistance in 2018, approximately 2.2 million of those households received a Section 8 Housing Choice Voucher. 68% of total rental assistance in the United States goes to seniors, children, and those with disabilities. The U.S. Department of Housing and Urban Development manages Section 8 p ...
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