Chapter 2About HUD
The US Department of Housing and Urban Development is the federal agency responsible for national policy and programs that address America's housing needs, that improve and develop the nation's communities, and that enforce fair housing laws. HUD's business is helping create a decent home and a suitable living environment for all Americans, and it has given America's communities a strong national voice at the cabinet level. HUD plays a major role in supporting homeownership by underwriting homeownership for lower- and moderate-income families through its mortgage insurance programs. It was established as a cabinet department in 1965 by President Lyndon Johnson as part of his war on poverty, and it consolidated a number of other, older federal agencies.
HUD is a complicated multidimensional cabinet-level agency. The mission statement and high-level description of HUD is easily understandable. The administration, and understanding, of its operations is highly complex.
HUD plays a major role in providing shelter for ...
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