What is hud and how does it work? The Housing and Urban Development Department, otherwise known as HUD, is a government agency that helps homebuyers and homeowners. They operate the Federal Housing Administration (FHA), which provides federal-backed mortgage insurance to many people who are purchasing properties.What is the us department of housing and urban development? The Department of Housing and Urban Development (HUD) is a cabinet-level agency that oversees federal programs designed to help Americans with their housing needs. HUD seeks to increase homeownership, support community development and increase access to affordable housing free from discrimination.What is the department of housing and urban development does? The Department of Housing and Urban Development (HUD) is a U.S. government agency created in 1965 as part of President Johnson's Great Society agenda to expand America's welfare state. Its primary mission is improving affordable homeownership opportunities in order to support the housing market and homeownership in inner-city areas.
View all HUD properties for sale nationwide on HUD.com. Find a government HUD home in your area and purchase a property below market value. HUD.com has the most up ...