What Does the Department of Housing and Urban Development (HUD) Do?
HUD has a record of accomplishments that spans more than 30 years and seven Presidents. Thousands of communities and tens of millions of Americans have benefited from HUD’s community development and housing programs. For instance: • Thanks to HUD and the Federal Housing Administration, more than 24 million families have become homeowners. Advertisement • Ginnie Mae, a wholly-owned federal corporation within HUD, pioneered the Mortgage Backed Security and used it to add more than $1 trillion to the supply of affordable mortgage funds. • HUD continues to play a major role in providing shelter for America’s most vulnerable populations: the working poor, minorities, Native Americans, people with disabilities, people with AIDS, the elderly, the homeless. • More than 7 million families have lived in locally-managed, HUD supported public housing. • Today, HUD helps about 4.8 million low income families through its public housing or private rental assistance programs (by contrast, there are a
Related Questions
- If a person has already filed a complaint with the Federal Department of Housing and Urban Development (HUD), can he/she also file with the Department?
- How Do the Department of Housing and Urban Development (HUD) and the Oregon Bureau of Labor and Industries (BOLI) Enforce the Fair Housing Act?
- How does the Department of Housing and Urban Development (HUD) program compliment the FEMA Public Assistance Section 403 Sheltering program?
