<Li> National Housing Act of 1934 </Li> <Tr> <Th> Website </Th> <Td> www.hud.gov/federal_housing_administration </Td> </Tr> <P> The Federal Housing Administration (FHA) is a United States government agency created in part by the National Housing Act of 1934 . The FHA sets standards for construction and underwriting and insures loans made by banks and other private lenders for home building . The goals of this organization are to improve housing standards and conditions, provide an adequate home financing system through insurance of mortgage loans, and to stabilize the mortgage market . The Commissioner of the FHA is Brian Montgomery </P> <P> It is different from the Federal Housing Finance Agency (FHFA), which supervises government - sponsored enterprises . </P>

What was the role of the federal housing administration
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