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%