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Housing and Urban Development (HUD)

Definition - What does Housing and Urban Development (HUD) mean?

Housing And Urban Development (HUD) refers to the United States Department of Housing and Urban Development (HUD). HUD is a cabinet-level agency under the U.S. federal government that develops and executes policies on housing and urban planning. The department was created by the Department of Housing and Urban Development Act of 1965.

Justipedia explains Housing and Urban Development (HUD)

The United States Housing and Urban Development (HUD) department was created as part of the Great Society program by President Lyndon Johnson in 1965. The department was formed with the goal of providing affordable and quality housing to the majority of the population and to build inclusive and sustainable communities free from discrimination. The department is credited for running various programs that have helped in increasing home ownership in the U.S., such as the Community Development Block Grant (CDBG), Moderate Rehabilitation Single Room Occupancy program (Mod Rehab SRO), the HOME program, etc.

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