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Today in legal history...

Sunday, June 27, 2010

Federal Housing Administration created
Andrew Morgan at 12:00 AM ET

On June 27, 1934, the National Housing Act created the Federal Housing Administration (now part of HUD), which put the power of the federal government behind home financing, helping to make home ownership a reality for tens of millions of Americans and powering the residential real estate industry.

1935 FHA pamphlet

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