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HUDHUD stands for the United States Department of Housing and Urban Development. HUD's 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.HUD is dedicated to helping more families, especially minorities, realize the American Dream means owning their own home. Each year, millions of Americans, including low income families, the elderly, individuals with disabilities, homeless men, women and children, and persons with AIDS turn to the Department of Housing and Urban Development for assistance in meeting their housing needs. Some HUD History: 1937 U.S. Housing Act of 1937 1965 Department of Housing and Urban Development Act of 1965 creates HUD as Cabinet level agency. 1966 Robert C. Weaver becomes the first HUD Secretary, January 18. 1996 Homeownership totals 66.3 million American households, the largest number ever. 2000 America's homeownership rate reaches a new record high of 67.7 percent in the third quarter of 2000. A total of 71.6 million American families own their homes, more than at any time in American history. For more information: U.S. Department of Housing and Urban Development 451 7th Street S.W., Washington, DC 20410 Telephone: 202-708-1112 TTY: 202-708-1455 www.hud.gov/
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