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Learn about this key step in the FHA loan process, ... HUD’s Single Family Housing Policy Handbook details a long list of conditions that will be reviewed as part of the appraisal process ...
In 1965, the Federal Housing Administration was integrated into the Department of Housing and Urban Development following the enactment of the Department of Housing and Urban Development Act of 1965. [13] With the integration of the FHA into HUD, it transformed into a distinct entity within the larger HUD framework.
The idea of a department of Urban Affairs was proposed in a 1957 report to President Dwight D. Eisenhower, led by New York Governor Nelson A. Rockefeller. [3] The idea of a department of Housing and Urban Affairs was taken up by President John F. Kennedy, with Pennsylvania Senator and Kennedy ally Joseph S. Clark Jr. listing it as one of the top seven legislative priorities for the ...