the Federal Housing Administration
/ðə ˌfedərəl ˈhaʊzɪŋ ədmɪnɪstreɪʃn/
/ðə ˌfedərəl ˈhaʊzɪŋ ədmɪnɪstreɪʃn/
(abbreviation the FHA)
- the US government organization that was started in 1934 to allow more people to buy houses. The FHA provides insurance for mortgages and is part of the Department of Housing and Urban Development.