U.S. Department of Housing and Urban Development - HUD

Filed Under:
Dictionary Says

Definition of 'U.S. Department of Housing and Urban Development - HUD'


A U.S. government agency created in 1965 to support community development and increase home ownership. HUD does this by improving affordable home-ownership opportunities, increasing safe and affordable rental options, reducing chronic homelessness, fighting housing discrimination by ensuring equal opportunity in both the rental and purchase markets, and supporting vulnerable populations.

Investopedia Says

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 GulfCoast region. The agency works with other government agencies and with private organizations, including community nonprofits and faith-based organizations, to reach its goals.



comments powered by Disqus
Hot Definitions
  1. Valuation

    The process of determining the current worth of an asset or company. There are many techniques that can be used to determine value, some are subjective and others are objective.
  2. Valuation

    The process of determining the current worth of an asset or company. There are many techniques that can be used to determine value, some are subjective and others are objective.
  3. Tech Street

    A term used in the financial markets and the press to refer to the technology sector. Companies like Intel, Microsoft, Apple and Dell are all considered to be part of Tech Street.
  4. Tech Street

    A term used in the financial markets and the press to refer to the technology sector. Companies like Intel, Microsoft, Apple and Dell are all considered to be part of Tech Street.
  5. Momentum Investing

    An investment strategy that aims to capitalize on the continuance of existing trends in the market. The momentum investor believes that large increases in the price of a security will be followed by additional gains and vice versa for declining values.
  6. Momentum Investing

    An investment strategy that aims to capitalize on the continuance of existing trends in the market. The momentum investor believes that large increases in the price of a security will be followed by additional gains and vice versa for declining values.
Trading Center