Meaning of homesteading

home•stead•ing

Pronunciation: (hōm'sted"ing), [key]
— n.
  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
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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