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U.S. Department of Housing and Urban Development

A department in the United States charged with promoting homeownership. It oversees the Federal Housing Administration and has a relationship with Fannie Mae and Freddie Mac. It also provides vouchers to make rent more affordable and provides grants for community development. It was established in 1965.


The United States Department of Housing and Urban Development. This federal cabinetlevel department has a wide variety of responsibilities, including

• Enforcing fair housing laws
• Assisting community development through block grants, loan guarantees, and disaster recovery assistance
• Regulating Fannie Mae and Freddie Mac
• Supporting health care through providing mortgage insurance for hospitals, nursing homes, and assisted living facilities
• Aiding Native Americans with specialized housing programs
• Educating citizens about hazards such as lead paint
• Overseeing the Federal Manufactured Housing Program
• Providing public housing assistance
• Making available housing counseling
• Administering a number of mortgage insurance programs for multifamily housing
• Providing mortgage insurance for single-family houses
• Handling witness relocation for people who have testified about crimes in their public or assisted housing buildings