Federal Housing Programs are initiatives created by the government to assist individuals and families in obtaining affordable housing. These programs often provide financial support, such as low-interest loans or grants, to help with home purchases or rental costs. They aim to make housing more accessible, especially for low-income households, first-time homebuyers, and those facing financial hardships. One of the key components of these programs is the U.S. Department of Housing and Urban Development (HUD), which oversees various initiatives, including the Federal Housing Administration (FHA) loans. These loans are designed to help people qualify for mortgages with lower down payments and more flexible credit requirements, making homeownership more attainable.