What does FHA stand for in relation to housing enforcement?

FHA stands for Federal Housing Administration. It is an agency under the U.S. Department of Housing and Urban Development (HUD) that provides mortgage insurance on loans made by approved lenders to borrowers with low to moderate incomes. This is designed to promote home ownership by making housing more accessible, particularly for first-time homebuyers. The FHA also plays a critical role in enforcing certain housing regulations and standards, ensuring that housing is up to code and safe for residents.

The correct interpretation as Federal Housing Administration clarifies its purpose in the realm of housing enforcement and finance, highlighting its role in improving housing standards and enhancing access to affordable financing options for individuals and families. This context shows why the acronym specifically relates to housing enforcement and policy regarding home ownership.