For a first time homebuyer in Hanahan, South Carolina or a young family in Greer, South Carolina, the American dream of homeownership can feel further and further away. FHA plays an important role in helping families access mortgage financing while also protecting taxpayers and keeping the housing finance system strong. At the same time, the programs in the Office of Housing drive innovations in manufactured housing, provide an important safety net for the elderly and those with disabilities, and support housing counseling efforts nationwide. (02:04–02:14)
STATEMENT
Asserts that the Federal Housing Administration helps families access mortgages and protects taxpayers.
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