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What is the relationship between the FHA and the HUD?

What is the relationship between the FHA (Federal Housing Administration) and the HUD (Department of Housing and Urban Development)?

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  1. In 1965, the Federal Housing Administration became part of the Department of Housing and Urban Development (HUD). Since 1934, the FHA and HUD have insured over 34 million home mortgages and 47,205 multifamily project mortgages.
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