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The Benefits of the Home Affordable Rent Act


Housing, also commonly referred to as dwelling, describes the structure and designated use of buildings or homes collectively, for the primary purpose of sheltering individuals from the effects of nature, both external and internal (storm, heat, cold, etc.). The housing may be made of bricks, pre-built dwellings or rented spaces. Additionally, it has a substantial social function, since the arrangement provides a place to live where communities can gather for social purposes, like in political parties, social festivals and meetings, and religious ceremonies. The housing is also a zone of activity, where people from different areas can work and live.

Although housing represents a particular kind of structure, it exhibits a number of common characteristics, like the provision of a distinct place for social interaction, its characteristic of individual living and its objective of providing a safe environment through adequate protection against natural elements. Typically housing meets these objectives in many different ways. By way of example, housing built in areas prone to natural disasters provides a form of social equality and environmental protection that otherwise would be unavailable to isolated communities. Moreover, housing aids the economic and social development of the residents, both through its creation of employment and through its provision of public services such as education, healthcare and social housing.

Historically, housing was designed for personal shelter and usually has been made up of small huts, which were protected from the effects of the elements. But this was not enough to meet the requirements of the rapid growth that took place during the Industrial Revolution. To provide a secure environment for employees in textile mills, New England colonial structures were assembled in an extremely standardized manner. The same design principles that governed the construction of homes in urban areas were used for the erection of townhouses and palaces in the early New England settlements. This helped to regulate the spatial pattern of the settlers' neighborhoods, and to make social equality and environmental conservation through the means of resident control over structural amenities.

The birth of housing organized the creation of different forms of housing by providing for various needs through the allocation of land. Housing today generally refers to structures which are intended to provide a home for a family or other group of people, rather than for unmarried people. The availability of federal programs and the expansion of tenant landlord and control regulation in the post-World War II period have created new forms of residential housing that don't conform to traditional residential practices. This has caused a new trend in the supply of public housing assistance.

Public housing is provided through a variety of sources, Such as the Department of Housing and Urban Development (HUD), the Federal National Mortgage Association (NFMA), local housing authorities, the United States Department of Agriculture (USDA), the Federal Housing Administration (FHA), the Federal Reserve, and the General Services Administration (GSA). These housing authorities are charged with the responsibility of overseeing the proper functioning of the housing agencies in their areas. Some of these housing authorities also provide funding for the operation and maintenance of the properties they manage. They are expected to submit yearly reports to Congress covering the activities and achievements related to their housing programs. They are also responsible for analyzing and evaluating the operation of the many housing agencies in providing services to their tenants. Such reports also include information on foreclosures, vacancies, short sales, defaults, and alternative rental or ownership pro

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