HUD Law and Legal Definition
HUD means the United States Department of Housing and Urban Development. It is a cabinet department in the executive branch of the U.S. The HUD was founded as a cabinet department in 1965. It was created to develop and execute policies on housing and metropolises. The United States Secretary of Housing and Urban Development heads HUD.
The HUD’s mission is to create strong, sustainable, inclusive communities and quality affordable homes for all persons within the U.S. The HUD is working to strengthen the housing market to bolster the economy and protect consumers; meet the need for quality affordable rental homes: utilize housing as a platform for improving quality of life; build inclusive and sustainable communities free from discrimination; and transform the way HUD does business.
