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The United States Department of Housing and Urban Development, often abbreviated HUD, is a Cabinet department of the United States government. It was founded in 1965 to develop and execute policy on housing and cities. It has largely scaled back its urban development function and now focuses primarily on housing.
The department was established on September 9, 1965 when President Lyndon Johnson signed the Department of Housing and Urban Development Act[?] (PL 89-174) into law. It stipulated that the department was to be created no later than November 8, sixty days following the date of enactment. The actual implementation was postponed until January 13, 1966, following the completion of a special study group report on the federal role in solving urban problems.
It is administered by the United States Secretary of Housing and Urban Development.
Operating Units All current programs are grouped in the following categories:
A similar organization, the Canada Mortgage and Housing Corporation[?] (CMHC), has operated in Canada since World War II. CMHC operates under the authority of the National Housing Act in Canada by providing mortgage financing, mortgage insurance and related program assistance.
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