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The purpose of the Federal Housing Administration (FHA) is to provide mortgage insurance on loans and insures mortgages on single family and multifamily homes.

Federal Housing Administration

Protect yourself from potential legal trouble.

Joshua Yeager

Date of Program:


Started in 1934

Purpose of program:


The FHA was a recovery because it was used to help first-time homebuyers access long-term, low payment loans they need to afford a home.

The FHA Then:


The intention of the FHA was to regulate the rate of interest and the terms of mortgages that it insured.

The FHA now:


 Today, the FHA continues to work to improve housing standards and conditions, provide adequate home financing through mortgage loans, and to stabilize the mortgage market.

  • Roosevelt was average academically, but very, very active socially. He was editor of the college newspaper, graduated in three years, and later passed his bar exam (after attending Columbia) without finishing his law degree.
  • When Roosevelt ran for president in 1932, it wasn’t his first appearance on a presidential ticket. In 1920, he ran for vice president on the unsuccessful Democratic ticket that featured James Cox as president.
  • After his vice presidential defeat, Roosevelt contracted what was diagnosed as polio in 1921.
  • Researchers who aren’t convinced that Roosevelt’s paralysis was caused by polio. They say he most likely suffered from Guillain-Barre Syndrome.
  • He was the first democrat in his family.