Home Owners’ Loan Corporation

Washington D.C.

The Home Owners’ Loan Corporation (HOLC) was created as a part of the New Deal to refinance home mortgage loans to prevent foreclosure. It further included home-buying assistance and opportunities. HOLC is often credited as the originator of redlining in the US. They created mortgage insurance maps of over 270 cities and counties in the late 1930s rating their security and investment worthiness based on race and ethnicity.