After the war in the 1940s, the FHA helped finance programs that monetarily supported military housing. It also helped pay for homes for returning war veterans and their respective families.

From the 1950s-70s, the FHA focused on those that were underprivileged: the old, the handicapped and the poor. The FHA during this time period helped produce millions of housing units made up of apartments that were privately-owned that were for the underprivileged.

During the 1970s, inflation was rising and the costs of energy were increasing at dangerously high rates. The FHA and its market stabilization mission plan kept properties alive by backing them with emergency funding.

During the 1980s, the FHA stabilized housing prices that were falling when the economy was in a state of recession. During this time period, private mortgage insurers were threatening to pull out of states that produced oil, which caused the housing prices to go down. The FHA also funded home buyers that might not have gotten financing under these difficult economical times.

What about in present times? Does the FHA still create programs that work?

According to the FHA, the percent of people living in the United States that own homes is 66%. This is the highest in the history of this nation. The projection for the year 2000 is 67.5%. In addition, the FHA also has insured over 24 million home mortgages and 4.1 million apartments.

For more details on specific programs that the FHA is working on now, please visit their homepage. The web address is

FHA’s Creation
About the FHA
Mortgage Types
Buy Downs
FMHA Loans
FHA Loans
FHA Loans, Con’t
Graduated Payment
Rent to Buy
Shared Equity
VA Loans
Prepayment Penalty
Learning Center Home

Reference text: Mortgage Loans: What’s Right for You?, by James E. Bridges with Deborah J. Bridges. Copyright 1989, Published by Betterway Publications, Inc., Crozet, VA