Unit 1: HUD's Role in America's Housing - Texas RE
When HUD pursues actions that are designed to reduce housing discrimination and help communities recover from disasters, which of its goals is it supporting?
Build strong, resilient, and inclusive communities
How does the Community Development Block Grant program assist in supporting HUD's mission?
Distributes grant funding to help meet community needs as determined by state and local governments
Which of these HUD programs is primarily responsible for providing mortgage insurance on home loans?
FHA
When HUD pursues actions that are designed to restore the financial health of the Federal Housing Administration, which of its goals is it supporting?
Strengthen the housing market to bolster the economy and protect consumers.
Which of the following describes the Housing Choice Voucher Program?
A program to help very low-income families, the elderly, and disabled individuals to afford decent, safe, and sanitary housing in the private market
HUD's ______ has a goal of increasing the availability of safe and affordable housing to Native American families.
Office of Native American Programs
Natalie is a licensee who assists buyers in the purchase of HUD ______ when they're listed for sale.
Repossessed homes
The U.S. ______ is the federal agency with the mission to create strong, sustainable, inclusive communities and quality affordable homes for all.
Department of Housing and Urban Development
Licensees who stay current with ______ can better serve low- to moderate-income clients looking to purchase.
FHA financing requirements
HUD's ______ assists very low-income families, the elderly, and disabled individuals in affording decent, safe, and sanitary housing in the private market.
Housing Choice Voucher Program
Lee manages a rental property for her client, and is accepting applications for tenants. Applicants Damian and Maria are young, newly married, and have a baby on the way. They can't afford a typical rent on a clean, well-maintained two-bedroom home such as the one that Lee has available; but they are recipients of the ______, which Lee knows the property would also qualify for. Lee is glad to accept them as tenants.
Housing Choice Voucher program
Fred and Wilma are listing their home for sale with Carl, a licensee. They tell Carl that they're not interested in selling to people who won't "fit in with the neighborhood." Carl advises them about ______ that are developed and enforced within HUD.
Housing discrimination laws
Which HUD program is responsible for developing and enforcing federal fair housing policies and laws?
Office of Fair Housing and Equal Opportunity
Which HUD program is responsible for protecting individuals against discrimination in housing based membership in a protected class?
Office of Fair Housing and Equal Opportunity
One of HUD's goals reflects a response to financial issues experienced in the housing market during the 2007 economic crisis. The goal is ______ to bolster the economy and protect consumers.
To strengthen the housing market
