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Federal Housing Administration: Difference between revisions
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{{Short description|U.S. government agency responsible for mortgage insurance}} | {{Short description|U.S. government agency responsible for mortgage insurance}} | ||
{{ | {{Organization | ||
|OrganizationName= Federal Housing Administration | |||
|OrganizationType= Executive Departments (subagency of the U.S. Department of Housing and Urban Development) | |||
|Mission= To expand homeownership opportunities and improve housing standards and conditions by insuring mortgages, making homeownership more accessible to low and moderate-income families. | |||
|OrganizationExecutive= Commissioner (Assistant Secretary of HUD for Housing) | |||
|Employees= 1400 | |||
|Budget= Part of HUD's budget, specific FHA fund allocations vary, but in FY 2023, the Mutual Mortgage Insurance Fund had a commitment authority of $400 billion | |||
|Website=https://www.hud.gov/program_offices/housing/fhahistory | |||
|Services= Mortgage insurance; home equity conversion mortgages (reverse mortgages); loan programs for home repair and improvement | |||
|ParentOrganization= U.S. Department of Housing and Urban Development (HUD) | |||
|CreationLegislation= National Housing Act of 1934 | |||
|Regulations= | |||
|HeadquartersLocation= 38.890397, -77.023013 | |||
|HeadquartersAddress= 451 7th Street SW, Washington, DC 20410 | |||
}} | |||
{{Infobox government agency | {{Infobox government agency | ||
|agency_name = Federal Housing Administration and HUD Office of Housing | |agency_name = Federal Housing Administration and HUD Office of Housing | ||