Capitol Hill

NAHB, Industry Groups Hold Housing Event for Members of Congress

Filed in Capitol Hill by on January 11, 2019 0 Comments
NAHB, Industry Groups Hold Housing Event for Members of Congress

NAHB and several industry partners welcomed more than 50 members of the 116th Congress to Washington during a Friends of Housing reception last night on Capitol Hill.

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Government Shutdown is Affecting Housing

Filed in Capitol Hill by on January 9, 2019 4 Comments
Government Shutdown is Affecting Housing

A long-term shutdown, lasting several weeks or a month or more, could have significant impacts on mortgage accessibility and reduce housing demand.

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Shutdown Impacts Multifamily Housing Programs

Filed in Capitol Hill, Multifamily by on January 7, 2019 1 Comment
Shutdown Impacts Multifamily Housing Programs

The partial government shutdown, now well into its third week, is having an impact on HUD multifamily programs, as the agency’s spending authority expired on Dec. 21, 2018.

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Affordability Tops the Agenda in the Year Ahead

Filed in Capitol Hill by on January 3, 2019 3 Comments
Affordability Tops the Agenda in the Year Ahead

Addressing housing affordability concerns will be a top issue for NAHB in 2019 and we will be working with Congress and the administration to achieve this goal.

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Government Shutdown Continues as Political Leaders Remain Deadlocked

Filed in Capitol Hill by on January 3, 2019 1 Comment
Government Shutdown Continues as Political Leaders Remain Deadlocked

President Trump rejected the Democrats’ plan to reopen the government and the partial shutdown now enters its 13th day due to a dispute over border wall funding.

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FEMA Resumes Funding of Flood Insurance Program During Government Shutdown

Filed in Capitol Hill by on December 28, 2018 0 Comments
FEMA Resumes Funding of Flood Insurance Program During Government Shutdown

After the partial government shutdown threatened the funding of the National Flood Insurance Program (NFIP), FEMA announced tonight that NFIP insurers “may resume the sale, renewal, and monetary endorsements for flood insurance policies” effective since the program’s funding was renewed by Congress on Dec. 21.

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New Housing Data Will Not be Available During Government Shutdown

Filed in Capitol Hill, Economics by on December 27, 2018 0 Comments
New Housing Data Will Not be Available During Government Shutdown

The federal agencies that release new data reports – including HUD, the Commerce Department and the Census Bureau – will not provide any updates during the government shutdown.

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Critical Hole in Federal Flood Insurance Extension May Halt Policy Issuances During Government Shutdown

Filed in Capitol Hill by on December 26, 2018 0 Comments

The congressional deal to extend funding for the National Flood Insurance Program (NFIP) through May 31, 2019 will be jeopardized by the partial government shutdown.

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How the Government Shutdown Could Affect Housing

Filed in Capitol Hill by on December 22, 2018 14 Comments
How the Government Shutdown Could Affect Housing

The government shutdown will affect housing and home builders. In most cases, the short-run impacts will be minor. A long-term shutdown, lasting several weeks or a month or more, could have significant impacts on mortgage accessibility and reduce housing demand.

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Congress Extends Flood Insurance Program Through May 31

Filed in Capitol Hill by on December 22, 2018 1 Comment
Congress Extends Flood Insurance Program Through May 31

Although Congress and the White House failed to avert a partial government shutdown, NAHB achieved a significant victory when lawmakers agreed to extend funding for the National Flood Insurance Program (NFIP) through May 31, 2019. Absent congressional action, funding would have expired for the program last night.

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