June 13, 1933, The Home Loan Corporation

Established in 1933, this institution helped segregate the United States through housing loans. The HOLC Loan Corporation specified race and immigrant status as considerations, and agency records showed that from 1933 to 1936, the period it was authorized to issue loans, 44% of its help went to areas designated “native White,” 42% to “native White and foreign,” and only 1% to “Negro.”

by IFHCIdaho August 18, 2021