Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

AICP Essentials > History of Housing & Housing Law > Flashcards

History of Housing & Housing Law Flashcards

1
Q

National Housing Act of 1934*

A

The National Housing Act establishes the Federal Housing Administration, which insures mortgages for small, owner-occupied suburban homes as well as private multi-family housing and the Federal Savings and Loan Insurance Corp. (FSLC)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

US Housing Act of 1937*

A

Wagner–Steagall Act (US Housing Act of 1937). Originally intended to create public housing for poor and middle-income families, it is whittled down to apply only to low-income people.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Emergency Price Control Act 1942 (2)

A

The Emergency Price Control Act establishes federal rent control for the first time.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

1944*

A

The GI Bill provides mortgage-loan guarantees for home purchases by veterans.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Tax Reform Act 1986*

A

Tax Reform Act. Reagan introduces the low-income housing tax credit, which remains the primary source of federal funding for low-cost housing today.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

1992*

A

Congress authorizes the HOPE VI urban-revitalization demonstration program to provide grants to support low-rise, mixed-income housing rather than high-rise public housing to address a severe lack of funding for repairs. Atlanta uses its funds to clear slums and construct mostly private housing, an approach copied by cities across the country.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Housing Act of 1949*

Wagner-Ellender-Taft Bill

A

800,000 new units, slum clearance & urban renewal. Actually saw net reduction in total units

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Housing Act of 1954*

A

140,000 new units, slum clearance & urban renewal FUNDING FOR COMPREHENSIVE PLANNING

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Housing Act of 1959

A

Housing Act of 1959 - Section 202 (elderly assistance) allows first direct funding of non-profits for housing projects

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Housing and Urban Development Act 1965* (3)

A

Housing and Urban Development Act of 1965 - established HUD

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Housing and Urban Development Act 1968

A

Created Ginnie Mae and expanded mortgage access & funding for New Towns

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

1968 (2)*

A

Civil Rights Act of 1968/Fair Housing Act

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

1970

A

Housing and Urban Development Act of 1970 - . Created Community Development Corporations. expanded ceiling on debt guarantees for developments to 500 million

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Housing and Community Development Act 1974*

A

Housing and Community Development Act of 1974 - created Section 8 program & CDBG program

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

HUD Programs

A 
HOME
HOPWA
CDBG
Neighborhood Stablization Program
Brownfields Economic Development Program
Section 811 - Rental Assistance
Section 202 - elderly assistance
Choice Neighborhoods
Housing Trust Fund
Indian Housing Block Grant
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

1990*

A

Cranston Gonzales National Affordable Housing Act - created CHAS, Section 811 for homeless people with disabilities and HOME

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

McKinney (Vento) Act of 1987*

A

bill to aid homelessness. Readopted in 2000

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

1977

A

UDAG - precursor to CDBG

19
Q

US Shipping Act of 1917

A

Authorized federal building of homes for ship building industry during WWI

20
Q

Home Owners Loan Act 1933

A

Home Owners Loan Act creates Home Owners Loan Corporation

21
Q

1947-1965 (2)

A

Housing and Home Finance Agency, precursor to HUD.

  • Federal Housing Administration
  • Public Housing Administration
  • Home Loan Bank Board
22
Q

1942-1947 (1)

A

Executive Order 9070, Establishes the National Housing Agency, precursor to Housing and Home Finance Agency.

  • Federal Housing Administration
  • Home Loan Bank Board
  • The Home Owners’ Loan Corporation
  • The United States Housing Authority
23
Q

Section 213(a) of HUD Act of 1969

A

“Brooke Amendment” - caps rent at 25% of income for public housing

24
Q

Omnibus Budget Reconciliation Act 1993

A

Empowerment zones & enterprise zones go into effect

25
Q

FIRREA 1989

A

abolishes Federal Savings and Loan Insurance Corp. and Federal Home Loan Bank replaces with FDIC

26
Q

Fannie Mae vs Ginnie Mae vs Freddie Mac

A

Fannie Mae - New Deal, issues federally backed mortgages. Private
Ginnie Mae - FHA, VA, USDA mortgages, Govt
Freddie Mac - Same as Fannie Mae but deals with smaller banks. Private

27
Q

HOME

A

25% match required from jurisdiction
15% must be used for affordable housing
(20 year affordability for new, 5-15 year for rehab or assistance)
10% may be used for planning
90% of beneficiaries must have income below 60% median local income
In projects with 5+ units, no more than 20% can have income above 50% median local income
Used for:
Home purchase or rehab assistance, rental assistance up to 2 years, demolition or relocation, site acquisition

28
Q

CDBG Entitlement Program

A 
Community Development Act 1974
Entitlement communities are comprised of central cities of Metropolitan Statistical Areas (MSAs); with populations of at least 50,000; and qualified urban counties with a population of 200,000
70% must benefit low-income households
Eligible activities: 
Funding of Community Based Development Organizations (CBDO) (to build housing)
public infrastructure (not maintenance), blight reduction, acquisition, demolition, job creation, rehab, limited public services 
NOT ELIGIBLE: 
direct new home construction 
purchase of equipment
government building or repairs
infrastructure maintenance 
operating expenses
29
Q

Most common uses of CDBG for entitlement communities

A
  1. Public infrastructure
  2. Housing
  3. Administrative and planning
  4. Public services
  5. Economic development
  6. Property acquisition
30
Q

Annual Action Plan

Consolidated Plan

A

Communities using CDBG must submit an annual action plan and two performance reports annually. Every 5 years a Consolidated Plan must be submitted as well as Consolidated Annual Performance Evaluation Report (CAPER) overview of what was accomplished

31
Q

Low Income Housing Tax Credit

A

LARGEST producer of affordable housing
~100k units/year
2 million units since 1986
Requires:
15 Year Affordability + 15 Year Extension (30yr total)
20% of units by income 50% or less of area median income
40% of units occupied by 60% or less of AMI
40% of units occupied by income averaging no more than 60% of AMI, and no units are occupied by tenants with income greater than 80 percent of AMI.

32
Q

Section 108

A

CDBG program. Is a loan available for economic development purposes.
Eligible activities:
Acquisition
Rehabilitation
Construction of public facilities
site improvements
Debt service reserves
Finance fees
Public works and site improvements in colonias
In limited circumstances, housing construction as part of community economic development
20% cap on admin fees

33
Q

Section 202

A

Housing and rental assistance (capital advance) for very low income elderly (62 or older)
Only CDBO/NGOs can apply, not government agencies

34
Q

HOPE VI (1992)

A

Federal block program.
Inspired by mixed-use, mixed income New Urbanism - Columbia Point, Boston (Harbor Point)
National Commission on Severely Distressed Public Housing in 1989 to study dilapidated public housing and found need.
Atlanta received 1st grant in 1998 to renovate Techwood Homes, nation’s oldest occupied public housing

35
Q

Title VIII Program

A

Fair Housing Act implementation by HUD
Residential units with 4+ units must comply with disability accommodations
Landlords with less than 3 units not required to comply

36
Q

Civil Rights Act of 1966 vs 1968

A

1966 made discrimination illegal (Title VI)

1968 made discrimination in housing and real estate illegal and enforceable illegal (Title VIII)

37
Q

ADA 1990

A

Title II applies to housing discrimination against people with disabilities

38
Q

Rehabilitation Act of 1973

A

Prohibits disability discrimination in federal agencies

Section 504 - reasonable accommodations required by federally funded buildings

39
Q

Community Reinvestment Act of 1977*

A

Targeted illegal redlining that continued even after Fair Housing Act

40
Q

American Recovery and Reinvestment Act of 2009

A

Major funding bill to infrastructure and job creation to try to mitigate recession.

41
Q

Demonstration Cities and Metropolitan Development Act of 1966

A

Model Cities Program was an element of U.S. President Lyndon Johnson’s Great Society and War on Poverty

42
Q

Fair Housing Amendment of 1988

A

Expanded fair housing to include group homes and halfway homes
Prohibited discrimination based on age or disability

43
Q

Order of federal housing agencies past-present

A

National Housing Agency
Housing and Home Financing Agency
Housing and Urban Development

AICP Essentials (21 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions