Is the HOLC a relief recovery or reform?

The Home Owners' Loan Corporation (HOLC) is primarily considered a relief program. Established in 1933 as part of the New Deal, its main goal was to provide financial assistance to struggling homeowners during the Great Depression by refinancing mortgages to prevent foreclosures. While it did have some reform elements by influencing future housing policies, its immediate purpose was to offer relief to those in financial distress.