The United States Department of Housing (HUD) is a cabinet-level department of the U.S . Federal Government, established in 1965 as part of President Lyndon Johnson’s “Great Society” program. The Department’s role is to develop and execute policies on housing and metropolises. HUD’s mission is to create strong, sustainable, inclusive communities and quality, affordable homes for all American citizens.
Each month, the U.S. Department of Housing and Urban Development and the U.S. Department of the Treasury produce a scorecard on the health of the nation’s housing market. The scorecard presents the key housing market indicators and pays a special attention to the impact of the Administration’s housing recovery efforts.