Judge Daniel Thomas Tillman died July 23, 2014 at the Life Care Centers of America nursing facility in St. Louis from complications of Alzheimerâs disease, his family said. He was 86 and a longtime resident of the Central West End. He grew up in North Carolina, never planning on living in St. Louis.
How did the Reconstruction Finance Corporation (RFC) help jump-start the economy? The RFC provided mortgage loans for families who lost their homes to foreclosure. The RFC increased the amount of money allocated to construction projects across the country.
The Reconstruction Finance Corporation (RFC) was a government corporation in the United States that operated between 1932 and 1957 which provided financial support to state and local governments and made loans to banks, railroads, mortgage associations and other businesses.t was modeled after the War Finance Corporation of World War I. The agency gave $2 billion in aid to state and local governments and made a large number of loans which were nearly all repaid. The RFC was created to solve the problem that the Federal Reserve could not fix by itself since they had some limitations.