Editing Federal Housing Administration (section)

=== Establishment of HUD ===
In 1965, the Federal Housing Administration was integrated into the [[United States Department of Housing and Urban Development|Department of Housing and Urban Development]] following the enactment of the Department of Housing and Urban Development Act of 1965.<ref>{{Cite web |date=September 20, 2017 |title=HUD History |url=https://www.hud.gov/about/hud_history |access-date=May 2, 2022 |website=HUD.gov / U.S. Department of Housing and Urban Development (HUD) }}</ref> With the integration of the FHA into HUD, it transformed into a distinct entity within the larger HUD framework. Under this arrangement, the FHA would be overseen by a Federal Housing Commissioner who concurrently held the position of Assistant Secretary. This Commissioner would be responsible for both FHA-specific functions and the administration of other HUD programs related to the private mortgage market.

While the FHA and HUD share some commonalities, they also exhibit differences in their roles and responsibilities. The designated Commissioner would assume authority over all departmental programs pertaining to the private mortgage market, in addition to their dual roles as Assistant Secretary and head of the FHA.<ref>{{Cite web |title=CQ Almanac Online Edition |url=https://library.cqpress.com/cqalmanac/login.php?requested=%2Fcqalmanac%2Fdocument.php%3Fid%3Dcqal65-1259346 |access-date=May 5, 2022 |website=library.cqpress.com}}</ref>  The FHA and HUD both help borrowers with bad credit and insufficient down payment to be able to buy or repair a house.<ref>{{Cite web |last=Pirraglia |first=William |title=FHA vs HUD |url=https://homeguides.sfgate.com/fha-vs-hud-65024.html |access-date=May 5, 2022 |website=homeguides.sfgate.com|date=February 20, 2013 }}</ref>