What was the Home Owner’s Loan Corporation responsible for in the late 1930’s?

English

1 answer:

slamgirl [31]3 years ago

5 0

Answer:

The Home Owners' Loan Corporation (HOLC) was a government-sponsored corporation created as part of the New Deal. The corporation was established in 1933 by the Home Owners' Loan Corporation Act under the leadership of President Franklin D. Roosevelt. Its purpose was to refinance home mortgages currently in default to prevent foreclosure, as well as to expand home buying opportunities. The HOLC boosted racial residential segregation, and contributed to the racial wealth gap in the United States.

Explanation:

I hope that this helps a lot because I read a lot of school and college stuff.

You might be interested in

PLZ HELP WILL GIVE 50 POINTS Which statement best explains how the phrase "Tell me for the hundredth time" impacts the tone of t

Vladimir [108]

Answer:

Explanation:

when you're constantly being reminded of something by somebody, it gets annoying

8 0

3 years ago

Why are most multimedia presentations created?

Soloha48 [4]

Answer:

Explanation:

Although it depends on the context, most multimedia presentations in general are created to entertain or instruct. In a school or university setting, multimedia is a powerful too that complements traditional teaching methods and can be essentially to connecting all of the different types of learners in the class with the lesson.

Multimedia is also very commonly employed in the entertainment industry which includes cinematography, video blogging, and much more.

3 0

3 years ago

what two things was Douglass deprived of as a child that is almost like two things every child should have?

lyudmila [28]

Which Douglass????
Is he from a story?

4 0

3 years ago

Read 2 more answers

Which statement best explains how the alliteration in this excerpt from Edgar

kirill [66]

Answer: c. The repetition of “W” sound in line 1 draws attention to the speaker unhappy state of Mind