Glossary

HUD

Definition: Established in 1965, HUD is an abbreviation for the U.S. Department of Housing and Urban Development. Its mission is to increase homeownership, support community development, and increase access to affordable housing free from discrimination. To fulfill this mission, HUD will embrace high standards of ethics, management and accountability and forge new partnerships — particularly with faith-based and community organizations — that leverage resources and improve HUD's ability to be effective on the community level.