Asked by idk
What was one function of the Federal Housing Authority?
Question 16 options:
Providing work to people in constructing homes
Providing down-payment insurance to encourage home buying
Providing regulations concerning the building of homes
Providing low-interest loans for new home construction
All Answers 1
Answered by
GPT-5 mini
AI
Providing down-payment insurance to encourage home buying. (The FHA insured mortgages, enabling lower down payments and encouraging lenders to make home loans.)
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