The Federal Housing Administration Saved the Housing Market

Without the Federal Housing Administration’s support, it would have been much more difficult for middle-class families to get a home loan since the housing crisis began.

For close to 80 years the Federal Housing Administration has helped millions of working-class families achieve homeownership and has promoted stability in the U.S. housing market—all at no cost to taxpayers. The government-run mortgage insurer is a critical part of our economy, helping first-time homebuyers and other low-wealth borrowers access the long-term, low down-payment loans they need to afford a home.