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Keeping this in mind there no question if it was beneficial. Building new homes also helps the wood, paint and tool industry.
Skilled workers are needed, and unemployment goes down. This also helped the economy, the people and the lending institutions in the long-run. The FHA was incorporated into the new Department of Housing and Urban Development also known as HUD. The Office continued its role as mortgage guarantor and widened it area of responsibility to include mortgages lent to the owners of multifamily dwellings and to public housing authorities as well as individual homeowners.
Focusing now on another program called the SSA also called the Social Security Administration...
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