Federal loan-guarantee bill to save New York City from bankruptcy

Federal loan-guarantee bill in New York for United Nations business on October 5, 1977, 39th president Jimmy Carter made his famous visit to the South Bronx to experience firsthand the blight of that era. His tour took him in the vicinity of Crotona and St. Mary's parks.

Carter also signed the Federal loanguarantee bill on the steps of City Hall in City Hall Park; the bill helped the city avoid bankruptcy.

Mayor Edward Koch, Queens Borough President Donald Manes, President Jimmy Carter, Town Hall meeting held at Queens College. This event was part of the President's visit to New York City.