The Federal Housing Administration was established primarily to protect the rights of Black homeowners.

Question

Quizplus · Accepted Answer

The Federal Housing Administration was established in 1934 as part of the New Deal to stimulate the housing market and assist with home financing. While it played a role in expanding homeownership opportunities for many Americans, including Black Americans, it was not primarily established to protect the rights of Black homeowners. In fact, the FHA initially practiced discriminatory lending practices that disproportionately impacted Black Americans, such as redlining.

The Federal Housing Administration Was Established Primarily to Protect the Rights