|Pinback button publicizing the Better Housing Program of the Federal Housing Administration, c. 1934. Whitehead & Hoag Co., Newark, New Jersey.
Established under the Housing Act of 1934, and a cornerstone of Franklin Roosevelt's New Deal, the Federal Housing Administration (FHA) helped stabilize the mortgage industry following the collapse of the housing market during the Great Depression. By insuring mortgage loans and regulating their rates and terms, the FHA increased the number of people who could afford a down payment and monthly debt service on a home.
This button was distributed by the government upon FHA's inception.
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