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The federal government has been involved in providing housing
assistance to lower-income households since the 1930s. In the
beginning, the federal government was involved in supporting the
mortgage market (through establishment of the Federal Housing
Administration (FHA) and the government-sponsored enterprises) and
in promoting construction of low-rent public housing for
lower-income families through local public housing authorities.
Over time, the role of the federal government has shifted away from
providing construction-based subsidies to providing rental
subsidies; private developers and property owners now play a larger
role; and more federal funding has been provided to states and
localities. This book provides an overview of the history and
evolution of federal housing assistance programs and policy,
information about the main programs, and a discussion of recent
issues and trends.
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