Housing and Urban Development Act
- This is a law that established the Department of Housing and Urban Development, aimed at coordinating federal housing projects. Initially set to improve living situations in urban areas, it provides extensive help to families with low to moderate incomes, promoting urban interests' active participation in federal housing policy.
- The city's renovation project was partially funded by the Housing and Urban Development Act, enabling numerous low-income families to move into newly refurbished housing.
- After 1968, the Housing and Urban Development Act was amended to shift its focus from the construction of new housing units to rent assistance programs.
- Owing to the Housing and Urban Development Act, the government now invests in local block grants and savings and loan programs to promote private homeownership.
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