About: Federal Home Loan Bank Act

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The Federal Home Loan Bank Act, Pub.L. 72–304, 47 Stat. 725, enacted July 22, 1932, is a United States federal law passed under President Herbert Hoover in order to lower the cost of home ownership. It established the Federal Home Loan Bank Board to charter and supervise federal savings and loan institutions. It also created the Federal Home Loan Banks which lend to building and loan associations, cooperative banks, homestead associations, insurance companies, savings banks, community development financial institutions, and insured depository institutions in order to finance home mortgages.

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dbo:abstract	The Federal Home Loan Bank Act, Pub.L. 72–304, 47 Stat. 725, enacted July 22, 1932, is a United States federal law passed under President Herbert Hoover in order to lower the cost of home ownership. It established the Federal Home Loan Bank Board to charter and supervise federal savings and loan institutions. It also created the Federal Home Loan Banks which lend to building and loan associations, cooperative banks, homestead associations, insurance companies, savings banks, community development financial institutions, and insured depository institutions in order to finance home mortgages. (en)
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dbp:citePublicLaw	72 (xsd:integer)
dbp:committees	dbr:United_States_House_Committee_on_Financial_Services dbr:United_States_Senate_Committee_on_Banking,_Housing,_and_Urban_Affairs
dbp:conferencedate	1932-07-13 (xsd:date)
dbp:effectiveDate	1932-07-22 (xsd:date)
dbp:enactedBy	72 (xsd:integer)
dbp:introducedby	Michael Reilly (en)
dbp:introduceddate	1932-05-25 (xsd:date)
dbp:introducedin	House (en)
dbp:longtitle	An Act to create Federal Home Loan Banks, to provide for the supervision thereof, and for other purposes. (en)
dbp:nickname	Federal Home Loan Bank Act of 1932 (en)
dbp:passedbody	House (en) Senate (en)
dbp:passeddate	1932-06-15 (xsd:date) 1932-07-12 (xsd:date) 1932-07-16 (xsd:date)
dbp:passedvote	Passed (en) Agreed (en)
dbp:publicLawUrl	http://legisworks.org/congress/72/publaw-304.pdf
dbp:sectionsCreated	§ 1421 et seq. (en)
dbp:shorttitle	Federal Home Loan Bank Act (en)
dbp:signeddate	1932-07-22 (xsd:date)
dbp:signedpresident	dbr:Herbert_Hoover
dbp:titleAmended	12 (xsd:integer)
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rdfs:comment	The Federal Home Loan Bank Act, Pub.L. 72–304, 47 Stat. 725, enacted July 22, 1932, is a United States federal law passed under President Herbert Hoover in order to lower the cost of home ownership. It established the Federal Home Loan Bank Board to charter and supervise federal savings and loan institutions. It also created the Federal Home Loan Banks which lend to building and loan associations, cooperative banks, homestead associations, insurance companies, savings banks, community development financial institutions, and insured depository institutions in order to finance home mortgages. (en)
rdfs:label	Federal Home Loan Bank Act (en)
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