Congress created the Federal Housing Administration (FHA) in 1934
During the 1940s, FHA programs helped finance military housing and homes for returning veterans and their families after the war.
The FHA became a part of the Department of Housing and Urban Development's (HUD) Office of Housing in 1965.
The FHA and HUD have insured over 34 million home mortgages and 47,205 multifamily project mortgages since 1934.
The Federal Housing Administration (FHA) is a government agency, established by the National Housing Act of 1934, to regulate interest rates and mortgage terms after the banking crisis of the 1930s.