The Housing Act of 1949 was passed to help address the decline of urban housing following the exodus to the suburbs. The legislation provided governance over how federal financial resources would shape the growth of American cities.
The landmark legislation ushered in a sweeping expansion of the federal role in mortgage insurance and issuance and the construction of public housing. It was part of President Harry Truman’s program of domestic legislation, the Fair Deal. [Read more…] about A Decent Home: The 1950s Suburban Boom on Long Island