Home Owners Loan Corporation
The HOLC was created by the US congress in June of 1933 and ended in 1936. It lowered the mortgages of the employed.
The HOLC main task was to refinance home mortgages that were in risk of foreclosure due to the 1929 crash and the collapse of the housing industry.
44% of its assistance went to "native white".
42% went to "native white and forgeign"
1% went to "negro"
HOLC provided just over a million mortgages. they had lent out $350 billion. ($750 billion today)
By 1934 about one in five mortgages in America were owned by the corporation.