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Investopedia explains 'U.S. Department of Housing and Urban Development - HUD'
HUD enforces the Fair Housing Act and oversees the Community Development Block Grant, the Housing Choice Voucher program, and other programs to assist low-income and disadvantaged Americans with their housing needs. Following Hurricane Katrina, HUD has also been involved in disaster recovery in the Gulf Coast region. The agency works with other government agencies and with private organizations, including community nonprofits and faith-based organizations, to reach its goals.
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