Shutdown could stall affordable housing funds

The government shutdown. the fledgling housing recovery by making it unnecessarily harder for borrowers to buy homes, homeowners to sell their homes, and low-income renters to stay in their homes..

These include the Federal Housing Administration, which is the world’s largest home insurer, and programs that assist low-income. funds to keep operating through the end of the month, but if the.

The federal government will be back in business for a few weeks following a 35-day shutdown. But if lawmakers don’t strike a funding deal during that time, the shutdown could resume. supporting.

NLC hopes to be part of the effort to pass a bill creating a bipartisan affordable housing task force this legislative session, Wallace added, but the shutdown could undermine the consensus.

Government shutdown. families could lose federal rent assistance in March “You are talking about removing the largest resource we have for affordable housing in central Iowa,” said Eric Burmeister.

Move too slowly and he will face anger from his electorate, who voted him in with a mandate to tackle the housing crisis. “Planners are mindful of the need to avoid squeezing the pips so hard that.

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Low-income Americans are especially affected: many public housing agencies will have to go without federal funds that cover. of another agency that was shutdown, the New york times reported. And.

The HUD 2018 Contingency Plan includes office-by-office impact of a shutdown as well as an extensive Frequently Asked Questions about specific HUD programs. Within HUD’s Office of Housing, all excepted staff could only work on excepted activities during a government shutdown, which the Contingency Plan lightly refers to as a "hiatus."

The few federal employees left at HUD have been scouring the books, looking for a last-minute solution to fund hundreds of affordable housing contracts that have expired under the shutdown.

Here’s how the federal government shutdown could hurt thousands of low-income Cincinnati residents. HUD affordable housing programs are already. run out of federal funds if the shutdown.

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Government shutdown: 3,100 Polk County families could lose federal rent assistance in March "You are talking about removing the largest resource we have for affordable housing in central Iowa.

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