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homesteading

[hohm-sted-ing] /ˈhoʊmˌstɛd ɪŋ/
noun
1.
an act or instance of establishing a homestead.
2.
a federal program to improve deteriorating urban areas by offering abandoned or foreclosed houses to persons who agree to repair them and live in them for a specified number of years.
Also called homesteading program, urban homesteading.
Origin
1890-1895
1890-95, for earlier sense “homestead”; homestead + -ing1
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for home steading program

homesteading

/ˈhəʊmˌstɛdɪŋ/
noun (in Britain)
1.
  1. a scheme whereby council tenants are enabled to buy derelict property from the council and renovate it with the aid of Government grants
  2. (as modifier): a homesteading scheme
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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