Monday 12 November 2012

Hud Home

Hud Home

U.S. Housing Act of 1937Department of Housing and Urban Development Act of 1965 creates HUD as Cabinet-level agency.Robert C. Weaver becomes the first HUD Secretary, January 18.Riots in major cities follow assassination of Dr. Martin Luther King Jr. Civil Rights Act(also known as the Fair Housing Act) outlaws most housing discrimination, gives HUD enforcement responsibility. Housing Act of 1968 establishes Government National Mortgage Association (Ginnie Mae) to expand availability of mortgage funds for moderate income families using government guaranteed mortgage-backed securities.Robert C. Wood receives recess appointment as HUD Secretary, January 7. George C. Romney is appointed HUD Secretary by President Richard M. Nixon, January 22.Housing and Urban Development Act of 1970 introduces Federal Experimental Housing Allowance Program and Community Development Corporation.

Hud Home

Hud Home

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Hud Home

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