Housing and Home Finance Agency


The Housing and Home Finance Agency was responsible for the principal housing programs of the United States from 1947–1965. It was succeeded by the US Department of Housing and Urban Development and preceded by the National Housing Agency.

Organizational history

HHFA was established as a permanent agency by Reorganization Plan No. 3 of 1947, effective July 24, 1947, replacing the National Housing Agency. Initially consisted of Federal Housing Administration, Public Housing Administration, and Home Loan Bank Board, the last of which separated from HHFA in 1955. It acquired the Federal National Mortgage Association from the Federal Loan Agency as a constituent unit in 1950. The HHFA Division of Community Facilities and Operations and HHFA Division of Slum Clearance and Urban Redevelopment were redesignated the Community Facilities Administration and Urban Renewal Administration and elevated to constituent unit status in 1954. The Federal Flood Indemnity Administration operated as a HHFA constituent unit from 1956–1957. HHFA was superseded by the Department of Housing and Urban Development in 1965.