In reality, the public housing experience takes many different forms. There are approximately 1.3 million occupied public housing units managed by some 3,400 public housing authorities (PHAs). Public housing differs depending on the people who live there, the types, location and quality of the buildings; and the quality of the surrounding areas. This essay uses recently available data to describe the variety of public housing experiences. The National Housing Act of 1934 created the Federal Housing Administration (FHA), which used only a small capital investment from the federal government to secure mortgages.
Since 1937, the Federal Government has provided low-cost housing to families and individuals through the public housing program. Article 202 of Title II of the National Industrial Recovery Act, approved on June 16, 1933, ordered the Public Works Administration (PWA) to develop a program for the construction, reconstruction, modification or repair, under public regulation or control, of low-cost housing projects and cleaning of slums. The new era of public housing began in 1992 with the launch of the HOPE VI program by the U.S. Department of Housing and Urban Development.
This has affected the evolution of housing prices, and several states in the country have experienced a fall in house prices. Therefore, in 1940, Congress authorized the United States Housing Authority to build twenty public housing developments around these private companies to maintain the war effort. After the real estate movement of the beginning of the century, the Home Owners' Loan Corporation (HOLC) was also created in the 1930s, which refinanced loans to keep the real estate market afloat. Public housing is much lower than the market price, allowing people to live in more convenient locations rather than moving out of town in search of lower rents.
Following instructions from HUD, the Census Bureau obtained this information using the addresses of public housing buildings to identify 212 AHS respondents living in public housing. The Department of Housing and Urban Development (HUD) and the rents paid by participants in the housing choice voucher. The Housing and Community Development Act of 1974 created the Section 8 Housing Program to encourage the private sector to build affordable housing. Therefore, some argued that public housing was the appropriate model for cost and supply chain reasons, even though vouchers didn't seem to distort local real estate markets too much.
In the spring of 1934, PWA administrator Harold Ickes ordered the Housing Division to undertake direct construction of public housing, a decisive step that would serve as a precedent for the Wagner-Steagall Housing Act of 1937 and the permanent public housing program in the United States. After 1949, several additional housing laws were passed, which modified the program in small ways, such as changing the proportions for housing for the elderly, but no major law changed the mechanisms of public housing until the Housing and Urban Development Act of 1965. Efforts shifted to focusing exclusively on housing for veterans, specifically a subsidy of materials for housing construction. Public housing is one of the three major rental assistance programs in the country, along with housing choice vouchers and assistance project-based rental.
