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Homestead Act

   Also found in: Legal, Encyclopedia, Wikipedia, Hutchinson 0.02 sec.
Home·stead Act  (hmstd)
n.
An act passed by Congress in 1862 promising ownership of a 160-acre tract of public land to a citizen or head of a family who had resided on and cultivated the land for five years after the initial claim.

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A provision of the New Homestead Act would pay up to 50% of college loans for recent graduates who live and work for 5 years in rural counties that have lost popuLation.
Emma Draper's letters are a precious record of a struggle to find a new life in the era of the 1862 Homestead Act.
Reacting to squatter pressures, Congress at first confirmed tides retroactively, then with the 1841 Preemption Act offered the land prospectively for sale to squatters, and finally with the 1862 Homestead Act granted the land free of charge prospectively.
 
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