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.
The former federal headquarters of the Home Owners' Loan Corporation The Home Owners' Loan Corporation ( HOLC ) was a government-sponsored corporation created as part of the New Deal . The corporation was established in 1933 by the Home Owners' Loan Corporation Act under the leadership of President Franklin D. Roosevelt . Its purpose was to refinance home mortgages currently in default to prevent foreclosure . Operations The HOLC issued bonds and then used the bonds to purchase mortgage loans from lenders.