Home Owners Loan Cooporation
Courtney And Caroline
HOLC
- Created by FDR
- Designed to help home owners refinance mortgages to prevent foreclosure.
- Didn't help people who were renting homes, didn't have a home, or had the money to pay their bills
- Started in 1933 and lasted until 1951
- Helped home ownership grow from 40% to 70%