Housing and Home Finance Agency

Housing and Home Finance Agency

Agency overview
Formed	July 24, 1947 (1947-07-24)
Preceding agency	National Housing Agency
Dissolved	September 9, 1965 (1965-09-09)
Superseding agency	Housing and Urban Development Department

The Housing and Home Finance Agency (HHFA) was responsible for the principal housing programs of the United States from 1947 to 1965. It was superseded by the U.S. Department of Housing and Urban Development and preceded by the National Housing Agency. The HHFA was led by former Federal Housing Administration Commissioner, Raymond M. Foley, from its inception in 1947 to 1953 and by former Kansas Congressman Albert M. Cole from 1953 to 1959 where he oversaw the Housing Act of 1954. In 1960 Jack T. Conway became the Deputy Administrator and acting Administrator until Robert C. Weaver's appointment in February 1961 through to its dissolution in 1965 when Robert C. Weaver took over as the Secretary of the superseding Department of Housing and Urban Development.

Organizational history

HHFA was established as a permanent agency by Reorganization Plan No. 3 of 1947, effective July 24, 1947, replacing the National Housing Agency. Initially consisted of Federal Housing Administration, Public Housing Administration, and Federal Home Loan Bank Board, the last of which separated from HHFA in 1955. It acquired the Federal National Mortgage Association from the Federal Loan Agency as a constituent unit in 1950. The HHFA Division of Community Facilities and Operations and HHFA Division of Slum Clearance and Urban Redevelopment were redesignated the Community Facilities Administration and Urban Renewal Administration and elevated to constituent unit status in 1954. The Federal Flood Indemnity Administration operated as a HHFA constituent unit from 1956 to 1957. HHFA was superseded by the Department of Housing and Urban Development in 1965.

References

• "General Records of the Department of Housing and Urban Development". National Archives and Records Administration.