Federal Housing Administration

American  

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

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Example Sentences

Its mission: To buy and sell home mortgages insured by the Federal Housing Administration.

From The Wall Street Journal

Builders have also suggested expanding access to government-insured mortgages with low down payments through the Federal Housing Administration and strengthening the federal government’s rural housing programs, according to a person familiar with the matter.

From The Wall Street Journal

If a buyer is using a mortgage backed by the Federal Housing Administration, which are often used by first-time buyers, the math changes.

From MarketWatch

As first-time buyers, the Johnsons choose a mortgage backed by the Federal Housing Administration, a government agency within the U.S.

From MarketWatch

When Franklin Roosevelt signed the law creating the Federal Housing Administration in 1934, the country’s political class, or most of it, assumed the government could surmount any problem.

From The Wall Street Journal