Number: RS20530 Title: FHA-Insured Home Loans: An Overview Authors: Bruce E. Foote and Katie Jones, Domestic Social Policy Division Abstract: The Federal Housing Administration (FHA) was created by the Housing Act of 1934 in order to broaden homeownership, protect lending institutions, and stimulate the building industry. This report discusses the features of the FHA program to insure loans on single-family homes. Pages: 6 Date: October 7, 2008