← History & culture History & culture · Advanced English

Defense Homes Corporation

The Defense Homes Corporation was created on October 23, 1940 to finance housing for war industry workers, and existed through 1942. The Defense Homes Corporation was incorporated pursuant to a letter of President Frankl

1 min
estimated reading 3
complete sections 12
algorithmic grade estimate

Before you read

Use the article and the local dictionary together

The complexity label is calculated from sentence length and syllable estimates; it is guidance, not an assessment of you. Open any highlighted word below for its full local dictionary page.

Words
128
Native text
1088 characters
Dictionary match
71%
Revision
1358347815 · 2026-06-08T03:36:24Z
Key vocabulary

Words to check before reading

housing4 uses in this article Defense3 uses in this article finance3 uses in this article industry2 uses in this article October2 uses in this article where2 uses in this article Administration1 uses in this article Reconstruction1 uses in this article Representative1 uses in this article conservative1 uses in this article construction1 uses in this article homebuilding1 uses in this article incorporated1 uses in this article constructed1 uses in this article functioning1 uses in this article authorized1 uses in this article liquidated1 uses in this article apartment1 uses in this article completed1 uses in this article construct1 uses in this article

Overview

The Defense Homes Corporation was created on October 23, 1940 to finance housing for war industry workers, and existed through 1942.

History

The Defense Homes Corporation was incorporated pursuant to a letter of President Franklin D. Roosevelt to the Secretary of the Treasury on October 18, 1940, to finance housing for war industries. Subdivisions and apartment complexes were constructed around the country where new war factories had caused a shortage of worker housing. It was also known as "The Lanham Act" after Representative Fritz G. Lanham of Texas who championed the bill. To insure conservative support, the DHC was only to construct homes where the private homebuilding industry was not functioning. By January 1942, 207 projects had been completed and another 171 were authorized for construction. On February 24, 1942, the Defense Homes Corporation was transferred to the Federal Housing Administration.

In 1945, all assets were liquidated, with any remaining assets transferred to the Reconstruction Finance Corporation on June 30, 1948.

Examples of DHC projects

*Colonial Hills, Ohio *Fairlington, Virginia

History & culture

Continue with related local reading

British European Airways Flight 548Challenging Gold Medal of Merit in the Fine ArtsChallenging Observation towerChallenging Old Israeli shekelChallenging Worshipful Company of VintnersChallenging French frigate CourbetChallenging