Final answer:
The Federal Housing Administration is administered by the Department of Housing and Urban Development (HUD), which has played a crucial role in increasing homeownership and influencing residential patterns in the United States.
Step-by-step explanation:
The Federal Housing Administration (FHA) is administered by c. The Department of Housing and Urban Development (HUD). Created during the Great Depression as part of the New Deal, the FHA's main purpose was to stimulate the housing market and to extend federal oversight to the home loan industry. The FHA has contributed to a significant increase in homeownership rates, from around 40% during the Great Depression to approximately 70% in more recent years. However, the FHA also played a role in residential segregation through its lending practices, which favored new suburban homes over inner-city rehabilitation, often excluding minority populations from these benefits.