Virtual field trip
Gabriela Hernandez 10:20 http://portal.hud.gov/hudportal/HUD?src=/about I had no clue how many government agencies there are. When I went on usa.gov to find a government agency to pick, there were hundreds of different ones. I found several of them interesting but I had to pick one. It was hard narrowing down to one from such a huge selection but the agency I picked was the U.S department of Housing and Urban Development (HUD). This agency provides public programs through their administrated programs. One of the program in which they oversee is the Federal Housing Administration. Their mission is to contribute and obtain healthy neighborhoods and communities, maintain and expand home ownership, rental housing, and healthcare opportunities along with many more. They value their customers, staff, and partners. The office of housing has four business areas. They have single family housing, multifamily housing, healthcare programs, and regulatory programs. I find the single family housing option the most interesting. It is a program that includes mortgage insurance on loans to purchase new homes, condos, manufactured housing, houses needing rehab, and reverse mortgage for the elderly home owners. Their multifamily program gives out mortgage insurance to approved lenders to facilitate construction, substantial rehab, and to purchase and refinance housing projects. Healthcare programs provide mortgage insurance on loans that finance the construction, renovation, or refinancing health care facilities such as insurance, hospitals, and residential care facilities. Another program is the regulatory program which is made to assist home owners, home buyers, and regular real estate transactions. This agency is all for helping the people. The Secretary of this agency is Shaun Donocan who began his term on January 26, 2009. He is the United states fifteenth secretary for Housing and Urban Development. He has a lot of power such as power over all organizations in the