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 It was superseded by the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 Ur ...
and preceded by the
National Housing Agency.
Organizational history
HHFA was established as a permanent agency by
Reorganization Plan No. 3 of 1947, effective July 24, 1947, replacing the
National Housing Agency.
Initially consisted of
Federal Housing Administration,
Public Housing Administration
The United States Housing Authority, or USHA, was a Alphabet agencies, federal agency created during 1937 within the United States Department of the Interior by the Housing Act of 1937 as part of the New Deal.
It was designed to lend money to th ...
, 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 thrifts ...
, the last of which separated from HHFA in 1955. It acquired the
Federal National Mortgage Association from the
Federal Loan Agency 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 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 peop ...
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 HHFA was superseded by the Department of Housing and Urban Development in 1965.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
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