Priority Focus Areas
Part of HUD’s mission is to provide quality, affordable homes for all. The housing HUD insures and funds must be decent, safe, sanitary, and in good repair.
The Federal Housing Administration (FHA) is a component of HUD. Using the Mutual Mortgage Insurance fund (MMI), FHA insures lenders against losses when borrowers default on loans.
Congress appropriated $35.8 billion for HUD in 2017 and 2018 for recovery from Hurricanes Harvey in Texas; Irma in Florida, Georgia, South Carolina, and the U.S. Virgin Islands.