The Urban Development Act of 1970 is legislation enforced through the U.S. Department of Housing and Urban Development (HUD) that introduced the Federal Experimental Housing Allowance Program and Community Development Corporation.

This act was passed to do the following:

Establish a national growth policy in the U.S.

Encourage and support sensible growth and development in states, metropolitan regions, counties, cities, and towns highlighting new community and inner-city growth

Amend certain laws regarding housing and urban development.