What is the U.S. Department of Housing and Urban Development (HUD)?

The U.S. Department of Housing and Urban Development (HUD) in Relation to HUD 232 Loans

The U.S. Department of Housing and Urban Development, otherwise known as HUD, is a federal government agency that develops, oversees, and executes housing policies, especially regarding affordable and sustainable housing. It was founded by President Lyndon Johnson in 1965 and is part of the Executive Cabinet.

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