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Why is the USDA Involved in Housing?!

In yesterday’s post, The 21st Century ROAD to Housing Act, I wrote that Trump’s Executive Order “cuts off institutional home investors from FHA insurance, VA guarantees and USDA backing…”. The USDA is of course the United States Department of Agriculture. In the comments, Hazel Meade
✦ Editorial Summary

The USDA's involvement in housing is unusual, given its primary focus on agriculture. The department provides backing for certain home loans through its programs, including FHA insurance and VA guarantees. This involvement is a result of the 1949 Housing Act, which expanded the USDA's role in rural housing development.

Marginal Revolution·marginalrevolution.com·Mar 12, 2026·1 min read· pts
Read original at marginalrevolution.comMore Markets
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