Editing Home Owners' Loan Corporation (section)

==Organizational history==
HOLC was established as an emergency agency under [[Federal Home Loan Bank Board]] (FHLBB) supervision by the [[Home Owners' Loan Act]] of 1933, June 13, 1933.<ref name=FHLBB-records>{{Cite news|url=https://www.archives.gov/research/guide-fed-records/groups/195.html#195.3|title=Records of the Federal Home Loan Bank Board [FHLBB]|date=2016-08-15|work=National Archives|access-date=2017-10-24|language=en}}</ref> It was transferred with FHLBB and its components to the [[Federal Loan Agency]] by [[Reorganization Act of 1939|Reorganization Plan No. I of 1939]], effective July 1, 1939. It was assigned with other components of abolished FHLBB to the [[Federal Home Loan Bank Administration]] (FHLBA), [[National Housing Agency]], by EO 9070, February 24, 1942. Its board of directors was abolished by Reorganization Plan No. 3 of 1947, effective July 27, 1947, and HOLC was assigned, for purposes of liquidation, to the Home Loan Bank Board within the [[Housing and Home Finance Agency]]. It was terminated by order of Home Loan Bank Board Secretary, effective February 3, 1954, pursuant to an act of June 30, 1953 ({{USStat|67|121}}).