National Housing Administration

The National Housing Administration (NHA), established in 1934, was a U.S. government agency responsible for encouraging the construction and improvement of housing. It aimed to make homeownership more accessible by providing mortgage insurance and supporting affordable loans for developers and buyers. This helped stimulate the housing market, especially during the Great Depression, and promoted broader access to safe, quality housing. Today, organizations like the Federal Housing Administration (FHA) continue its legacy by offering similar mortgage insurance programs, making it easier for individuals to buy homes.