In real estate, H.U.D. refers to the Department of Housing and Urban Development, a federal cabinet level department responsible for administering major housing and community development programs in the United States. HUD oversees policies and initiatives aimed at expanding affordable housing and improving urban development.
HUD is responsible for programs such as the Federal Housing Administration and works with state and local governments, lenders, and housing agencies. Its role has a significant impact on housing finance, fair housing enforcement, and residential real estate markets nationwide.
