The Housing and Home Finance Agency (HHFA) was responsible for the principal housing programs of the United States from 1947 to 1965. It was superseded by the

U.S. Department of Housing and Urban Development The United States Department of Housing and Urban Development (HUD) is one of the executive departments of the U.S. federal government. It administers federal housing and urban development laws. It is headed by the Secretary of Housing and Urb ...

and preceded by the

National Housing Agency The United States Department of Housing and Urban Development (HUD) is one of the executive departments of the U.S. federal government. It administers federal housing and urban development laws. It is headed by the Secretary of Housing and Ur ...

Organizational history

HHFA was established as a permanent agency by

Reorganization Plan No. 3 of 1947 A corporate action is an event initiated by a public company that brings or could bring an actual change to the securities— equity or debt—issued by the company. Corporate actions are typically agreed upon by a company's board of director ...

, effective July 24, 1947, replacing the

. Initially consisted of

Federal Housing Administration The Federal Housing Administration (FHA), also known as the Office of Housing within the Department of Housing and Urban Development (HUD), is a United States government agency founded by President Franklin Delano Roosevelt, created in part ...

, Public Housing Administration, and

Federal Home Loan Bank Board The Federal Home Loan Bank Board (FHLBB) was a board created in 1932 that governed the Federal Home Loan Banks (FHLB or FHLBanks) also created by the act, the Federal Savings and Loan Insurance Corporation (FSLIC) and nationally-chartered savings ...

, the last of which separated from HHFA in 1955. It acquired the

Federal National Mortgage Association The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a United States government-sponsored enterprise (GSE) and, since 1968, a publicly traded company. Founded in 1938 during the Great Depression as part of the Ne ...

from the

Federal Loan Agency Federal or foederal (archaic) may refer to: Politics General *Federal monarchy, a federation of monarchies *Federation, or ''Federal state'' (federal system), a type of government characterized by both a central (federal) government and states or ...

as a constituent unit in 1950. The HHFA Division of Community Facilities and Operations and HHFA Division of Slum Clearance and Urban Redevelopment were redesignated the

Community Facilities Administration A community is a social unit (a group of living things) with commonality such as place, norms, religion, values, customs, or identity. Communities may share a sense of place situated in a given geographical area (e.g. a country, village, town ...

and

Urban Renewal Administration Urban means "related to a city". In that sense, the term may refer to: * Urban area, geographical area distinct from rural areas * Urban culture, the culture of towns and cities Urban may also refer to: General * Urban (name), a list of people ...

and elevated to constituent unit status in 1954. The Federal Flood Indemnity Administration operated as a HHFA constituent unit from 1956 to 1957. HHFA was superseded by the Department of Housing and Urban Development in 1965.

References

* Public housing in the United States Defunct agencies of the United States government {{US-gov-stub