Quick Facts on Erica. Characteristics of Erica. Etymology & Historical Origin - Erica. Erica is the feminine equivalent of the Scandinavian male name Eric which hails from the Old Norse Eirik. Eirik is derived from the North Germanic element âeiâ (meaning âever, alwaysâ) and ârÃ­krâ (meaning ârulerâ).
As whites fled cities, public housing units were filled with lower-income African Americans. In 1968, New York City abandoned its middle-class public housing program, accepting federal subsidies for Woodside Houses and several other such projects. Long-term tenants with middle-class incomes who did not leave voluntarily were evicted.
Launched in 1934 to help boost the housing market, the Federal Housing Administration (FHA) loan is still pretty much the same today. Itâs a government-backed loan that allows people to buy a moderately priced home with a down payment as low as 3.5 percent. The partnership between the FHA and HUD has helped many people since its inception, insuring over 34 million home mortgages and 47,205 multifamily project mortgages.