How the Government Shutdown Impacts Multifamily

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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, due to the lack of appropriated funding.

The results of the studies are not official guidelines nor are they endorsed by any government or health body. exercising.

A shutdown ending in the next couple of days would likely have very little impact to the sectors mentioned above. A shutdown that continues into February or beyond would require the government to make drastic decisions to avoid significant disruption not only to the commercial real estate market, but also to the greater economy. Brian Orr

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How the government shutdown impacts multifamily President laurel blatchford tells multi-housing news how the federal government shutdown is putting at risk the millions of people who benefit from programs — especially at HUD and USDA — that provide housing assistance to low-income families.

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The federal government shutdown is beginning to impact everything from multifamily loans to office tenants to retail spending, and it could get worse.

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, due to the lack of appropriated funding.

The partial government shutdown continues as the Department of Housing and Urban Development’s spending authority expired on Friday, December 21, 2018, due to the lack of appropriated funding. Please see the attached PDF for two memos regarding the impact of the government shutdown on Multifamily:

Government shutdown’s impact on real estate and our economy. By.. HUD is not endorsing new loans for its multifamily program and loans to owners of public housing projects could be impacted.

January 7, 2019 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, due to the lack of appropriated funding. On Jan. 4, HUD released information regarding FHA multifamily programs.

NAHMA HUD Update: Shutdown Impact on Multifamily Production and Asset Management Activities January 4, 2019. Dear NAHMA Members, Below, please find information from HUD regarding the impact of the government shutdown.