Dictionary of Business Terms: Housing and Urban Development (HUD) department
Housing and Urban Development (HUD) department
cabinet-level U.S. government agency established (in 1965) to implement certain federal housing and community development programs. The Federal Housing Administration is part of HUD.
Dictionary of Real Estate Terms: Housing and Urban Development (HUD) department
Housing and Urban Development (HUD) department
a U.S. government agency established to implement certain federal housing and community development programs. This federal agency attempts to assure decent, safe, and sanitary housing for all Americans, and investigates complaints of discrimination in housing.
Example: Mason desires to develop a housing project for low income families. She applies to the Department of Housing and Urban Development for a special low-interest loan for the development.
