HUD Secretary Donovan Celebrates Earth Day with Public Housing Families
White House Photo, 6/9/09. Chuck Kennedy
President Obama and Vice President Biden Announce Roadmap to Recovery
Staff Photo
HUD Secretary Donovan Joined Richard M. Daley in Chicago to Announce The Official Launch of HUD's Recovery Act in Action Week
Staff Photo
Secretary Donovan Visits Native Americans in Indian Country
Staff Photo
Secretary Donovan Visits Public Housing Residents in Pennsylvania.
RECENT FEATURES AND HEADLINES
Overview
The Office of Housing provides vital public services through its nationally administered programs. It oversees the Federal Housing Administration (FHA), the largest mortgage insurer in the world, as well as regulates housing industry business.
The mission of the Office of Housing is to:
Contribute to building and preserving healthy neighborhoods and communities
Maintain and expand homeownership, rental housing and healthcare opportunities
Stabilize credit markets in times of economic disruption
Operate with a high degree of public and fiscal accountability
Recognize and value its customers, staff, constituents and partners
Within the Office of Housing are three business areas:
HUD's Single Family programs include mortgage insurance on loans to purchase new or existing homes, condominiums, manufactured housing, houses needing rehabilitation, and for reverse equity mortgages to elderly homeowners.
HUD's Multifamily programs provide mortgage insurance to HUD-approved lenders to facilitate the construction, substantial rehabilitation, purchase and refinancing of multifamily housing projects and healthcare facilities.