Federal Housing Administration created

Federal Housing Administration created

June 27, 2009 03:01:00 am

On June 27, 1934, the National Housing Act created the Federal Housing Administration (now part of HUD), which put the power of the federal government behind home financing, helping to make homeownership a reality for tens of millions of Americans and powering the residential real estate industry.

THIS DAY @ LAW

India constitution ratified

On January 26, 1950, India ratified its constitution, formally making the new country a republic. On the same day, Rajendra Prasad was inaugurated as the republic's first president. The anniversary is celebrated today as Republic Day in India.

Tennessee became first state to ban alcohol sales

On January 26, 1838, Tennessee became the first US state to pass a law prohibiting the general sale of alcohol; fines paid by lawbreakers were put towards the support of public schools. Read more about the history of Prohibition.