U.S. Department of Housing and Urban Development
(redirected from US HUD)Also found in: Encyclopedia.
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved