Tag: appropriations

Trump Proposes $47.9 Billion Budget for HUD in Fiscal 2021

Filed in Advocacy by on February 10, 2020 0 Comments
Trump Proposes $47.9 Billion Budget for HUD in Fiscal 2021

President Trump announced today that the U.S. Department of Housing and Urban Development (HUD) would receive $47.9 billion in funding for the fiscal 2021 budget, which runs from Oct. 1, 2020 through Sept. 30, 2021. This is a 15.2% decrease, or $8.6 billion cut, from the amount enacted for 2020.

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Flood Insurance, HUD, USDA and Labor Programs Extended Through Sept. 30

Filed in Advocacy by on December 19, 2019 0 Comments
Flood Insurance, HUD, USDA and Labor Programs Extended Through Sept. 30

Congress approves spending bills that will keep the National Flood Insurance Program and key HUD and USDA programs funded through Sept. 30, 2020.

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How the Government Shutdown Could Affect Housing

Filed in Advocacy 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 Advocacy by on December 22, 2018 2 Comments
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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Trump Signs Bill to Keep Government Running

Filed in Advocacy by on September 28, 2018 0 Comments

President Trump today signed legislation to fund the Departments of Defense, Labor, Education, and Health and Human Resources through fiscal year 2019, which ends on Sept. 30. All other agencies that have not yet received appropriations, including HUD and the U.S. Department of Agriculture, will be funded at fiscal 2018 levels under a continuing resolution that will expire at 11:59 p.m. on Dec. 7.

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House Panel Approves Fiscal 2019 HUD Budget

Filed in Advocacy by on May 24, 2018 0 Comments
House Panel Approves Fiscal 2019 HUD Budget

The House Appropriations Committee approved $53.1 billion for HUD in fiscal 2019, which represents a $440 million, or 0.8% increase from fiscal 2018 levels and nearly $12 billion more than the Trump administration’s fiscal 2019 request.

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Administration Proposes $40 Million Cut for Rural Housing Programs

Filed in Advocacy, Multifamily by on May 8, 2018 0 Comments
Administration Proposes $40 Million Cut for Rural Housing Programs

The Trump administration has proposed a $15.4 billion package of spending cuts that includes a $42 million reduction for the Rural Housing Service (RHS).

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Congress Approves $1.3 Trillion Spending Package

Filed in Advocacy by on March 22, 2018 1 Comment
Congress Approves $1.3 Trillion Spending Package

Congress has approved a $1.3 trillion spending bill that will fund the federal government through the end of the current fiscal year, which expires Sept. 30. The sweeping appropriations legislation includes several areas of interest to the housing community.

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Short-Term Spending Bill Keeps the Government Open Through Jan. 19

Filed in Advocacy by on December 21, 2017 0 Comments

With the government funding set to run out on Dec. 22, Congress moved to approve a short-term continuing resolution to keep the lights on at federal agencies through Jan. 19.

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Senate Panel Approves $40.24 Billion HUD Budget for Fiscal 2018

Filed in Advocacy by on July 25, 2017 0 Comments
Senate Panel Approves $40.24 Billion HUD Budget for Fiscal 2018

The Senate-T-HUD Appropriations Subcommittee today approved $40.24 billion in appropriations for HUD for fiscal 2018, which starts Oct. 1. This is an increase of $1.4 billion above the current level.

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