Federal Urban Renewal Program

Abstract

The federal government has exerted during the past twenty-five years great influence on the development and character of urban land use. The source of this influence has been primarily in terms of financial aid: loans, grants, mortgage insurance, and mortgage guarantees. The federal urban renewal program which includes planning and regulation of private land use as well as financial aid is the latest governmental effort directed at stopping the downward spiral of urban deterioration. This article will survey the program in terms of the factors leading to its adoption, its operational requirements, its present workability, and suggestions for a stronger and more effective program.