Housing
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History of VA Home Loan Program
On October 26, 2012 the 20 Millionth VA Home Loan was purchased by the spouse of an Iraq War Veteran who passed away in 2010. The Department of Veterans Affairs (VA) home loan program first got its start as part of the GI Bill of Rights in June of 1944. The GI Bill, officially named the Servicemen’s Readjustment Act, was established to provide benefits for those returning home after serving in World War II. Besides the government backed, low interest home loans, the bill also served to provide veterans with college scholarships. The legislation was of such immense influence it is credited with helping to establish the American middle class. Source: VA Website ,…
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Levitt Houses
A Brief History of Levittown, New York Few communities in America are as easily recognizable by name as Levittown, New York. In addition to its distinction as the childhood home of world famous singer/songwriter, Billy Joel, (who was actually raised in a Levitt home in nearby Hicksville) Levittown is the model on which scores of post World War II suburban communities were based – a place that started out as an experiment in low-cost, mass-produced housing and became, perhaps, the most famous suburban development in the world. Many volumes have been written which provide comprehensive histories of Levittown, including its “pre-history” as a center of early Long Island aviation and…
