U.s. Department Of Housing And Urban Development

Categories: Finance,

U.S. department of housing and urban development – HUD is a federal agency that was created in 1965 to increase home ownership in the U.S. and promote community development.  HUD offers affordable opportunities for home ownership, increases rental options, reduces homelessness, fights housing discrimination, and supports populations at risk for housing difficulties.   Additional - what is the meaning of U.S. department of housing and urban development? HUD is responsible for the fair housing act and other programs aimed at helping low-income and disadvantaged Americans with their housing needs.  Recently HUD has assisted in disaster recovery as seen after Hurricane Katrina.  This organization receives support from other governmental agencies, private organizations, and community and faith based non-profits.