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New Deal Programs Time & Events
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The Home Owner Loan Corporation
The HOLC 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.[2] Its purpose was to refinance home mortgages currently in default to prevent foreclosure. -
Tennessee Valley Authority (TVA)
The TVA was created by congressional charter in May 1933 to provide navigation, flood control, electricity generation, fertilizer manufacturing, and economic development to the Tennessee Valley, a region particularly affected by the Great Depression. -
The Federal Deposit Insurance Corporation (FDIC)
The FDIC was created by the 1933 Banking Act after the Great Depression to restore trust in the American banking system; more than one-third of banks failed in the years before the FDIC's creation, and bank runs were common.As of August 27, 2014, the FDIC insured deposits at 6,638 institutions.[6] The FDIC also examines and supervises certain financial institutions for safety and soundness, performs certain consumer-protection functions, and manages receiverships of failed banks. -
Federal Housing Administration
Congress created the Federal Housing Administration (FHA) in 1934. The FHA became a part of the Department of Housing and Urban Development's (HUD) Office of Housing in 1965.the FHA helped to spark the production of millions of units of privately-owned apartments for elderly, handicapped and lower income Americans. Due to their progress, Americans are arguably the best housed thanks to the FHA's 80 years plus of service. -
Wagner Act
Helped establish the NLRB ( national labor realations board) and settled disputes between lawyers and employeesIt still today defines unjustice labor practices. -
Social Security Administration
The United States Social Security Administration (SSA)[2] is an independent agency of the United States federal government that administers Social Security, a social insurance program consisting of retirement, disability, and survivors' benefits. -
Progress Administration
(renamed in 1939 as the Work Projects Administration; WPA) was the largest and most ambitious American New Deal agency, employing millions of unemployed people (mostly unskilled men) to carry out public works projects,[1] including the construction of public buildings and roads. -
National Youth Administration (NYA)
The National Youth Administration (NYA) was a New Deal agency in the United States that focused on providing work and education for Americans between the ages of 16 and 25. By 1938, college youth, who were paid from $6 to $40 a month for "work study" projects at their schools. Another 155,000 boys and girls from relief families were paid $10 to $25 a month for part-time work that included job training. Unlike the Civilian Conservation Corps, it included young women. The youth normally lived at h -
Food, Drug, and Cosmetic Act
The FD&C Act was established in 1938 and authority to theFDA. Food standards were enacted to ensure the ‘value expected’ by consumers The 1938 Act requiresor companies to list corloring additives, all ingredients, and it replaced the Pure food and drug act of 1906.