Federal Housing Administration

noun

1. a governmental agency created in 1934 to help homeowners finance the purchase and repair of their homes and to stimulate housing construction. FHA

Example Sentences

Zoning became holy writ when FDR, as part of the New Deal, created the Federal Housing Administration, which offered home loans to a disproportionate degree among prospective white owners.

From Los Angeles Times

This included the Better Housing Program, which was designed to make housing and mortgages more accessible and led to the creation of the Federal Housing Administration.

From Seattle Times

Lenders may also need approval from government agencies that oversee national loan programs, such as Federal Housing Administration and Veterans Affairs loans, that are popular with first-time homebuyers.

From Seattle Times

This applies to certain borrowers who fell behind on loans backed by the Federal Housing Administration, the U.S.

From Los Angeles Times

The Federal Housing Administration, for instance, refused to insure the homes of Black and other nonwhite families or homes owned by white people that were considered too close to Black neighborhoods.

From Scientific American